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Udag: The urban development action grant

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... The sites that experienced the greatest betterment potential were often in areas where the State had made, or was scheduled to contribute heavy infrastructural investments (Lum et al, 2004). In these circumstances, if opportunities for comprehensive redevelopment were abortive on account of the problems involved in acquiring properties held under multiple ownership, the Government stood to lose the ability to leverage on its investments for an optimal level of urban renewal (Boyle, 1985). This led to far-reaching amendments being effected to the LTSA in 1999. ...
... The sites that experienced the greatest betterment potential were often in areas where the State had made, or was scheduled to contribute heavy infrastructural investments (Lum et al, 2004). In these circumstances, if opportunities for comprehensive redevelopment were abortive on account of the problems involved in acquiring properties held under multiple ownership, the Government stood to lose the ability to leverage on its investments for an optimal level of urban renewal (Boyle, 1985). This led to far-reaching amendments being effected to the LTSA in 1999. ...
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