• Dave Harmon, PW editor

Malaysia | A decade after being named WH site, historic core of George Town becoming unaffordable

The faded white walls and wooden door of Fong Lai Kheng's hair salon in the heart of Malaysia's George Town stand out on a street lined with souvenir shops, cafes and colourful murals.

But not for much longer. After a four-fold increase in her rent in just five years, Fong is planning to shut her business when the lease expires this year after five decades – joining an exodus of residents and traditional traders.

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