Masonry is strong in compression and weak in tension, and a tall, thin wall is a slender column. Building codes answer this with ring beams and tie columns: horizontal and vertical reinforcement cast into the wall at intervals to stop it buckling and to tie it back to the structure. They are effective, and they are wet work inside a wall that is otherwise dry.
A framed dry wall is a different structural type. The studs are restrained laterally by the cross rails and by the boards themselves, which act as a shear diaphragm. Stability comes from the frame grid plus the connection to floor and ceiling, not from mass. The connected wall behaves as a braced panel, and its height limit is set by calculation rather than by a prescriptive rule.
That said, tall walls need engineering. Above about 4 m the design should check deflection under lateral load, the stud section and spacing, the number and position of cross rails, and the connection to the structure at head and base. Height is not a reason to avoid dry walls, but it is a reason to design them.
The practical gain on a refurbishment is significant: no secondary structure means no formwork, no concrete curing inside the building, no cold joint between new and old work, and no added load on a slab that may already be fully utilised. The wall goes up dry and is finished the same week.