IT has been a busy year for the construction industry, as can be seen by the many construction activities in the Klang Valley."Construction is booming.

PETALING JAYA: Bank Negara should seek feedback from industry players and stakeholders before implementing any measures to curb or ban the developer interest bearing scheme (DIBS), said Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Seri Michael Yam.

KUALA LUMPUR: Glomac Bhd sees alternatives to the build-then-sell (BTS) scheme, which will be implemented by 2015 to avoid cases of abandoned housing projects.

PUTRAJAYA (June 7): A coordinating committee comprising Syarikat Perumahan Negara Bhd (SPNB), 1Malaysia People’s Housing (PR1MA) and National Housing Department (JPN) will be formed to help facilitate the government’s goal of delivering a million affordable and low-cost homes to the public.The joint committee will be chaired by newly appointed Urban Well-being, Housing and Local Government Mini

KUALA LUMPUR: Property market hot zone Iskandar Malaysia may witness a “wait and see” attitude among investors in the next few months while they await the Johor government’s announcement on the “higher taxes” to be imposed on foreign-owned properties in the state, real estate experts said.

THE Real Estate and Housing Developers' Association of Malaysia (Rehda) recently announced the introduction of its own Green Real Estate or GreenRE — a green building and carbon-rating tool."With GreenRE, we want to give our members an alternative green tool.

MALAYSIA'S Green Building Index (GBI) will be turning four this May. Launched on May 21, 2009, GBI has made some headway since then and is looking to extend its reach.Since its introduction, over 420 projects have applied for GBI certification, of which 125 have been certified.

PETALING JAYA (April 16, 2013): The Malaysian Property Expo (MAPEX) 2013 is expected to generate RM1 billion in sales, said its Committee Chairman, Datuk Ng Seing Liong.

"A total of 95 developers, the largest so far, have confirmed their participation and properties worth over RM20 billion will be showcased at the event" he said at a press conference on MAPEX 2013.

KUCHING: The Malaysian Developers Council (MDC) is concerned over the current labour shortage faced by the construction and property development industry in the country as more projects under the various government initiatives gain traction.The issue of labour shortage was raised during the 17th MDC meeting on March 8 in Santubong, Sarawak.