News about Industrialised Building System

KUALA LUMPUR (Oct 18): Malaysia's construction sector is targeted to moderate at an annual average growth rate of 4.

  PETALING JAYA (Oct 9): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the government is not planning to provide any incentives for property developers using the Industrialised Building System (IBS) to build homes.

PETALING JAYA (Oct 7): The RM2 billion that has been deposited by buyers of condominiums in Forest City into its Housing Development Account (HDA) proves that the units were transacted in Malaysia, said its developer Country Garden Pacificview Sdn Bhd (CGPV).

KUALA LUMPUR (April 9): In spite of the soft property market, building contractor Inta Bina Group Bhd is not unduly worried.

KUALA LUMPUR (March 27): The Ministry of Works said it wants to get local authorities around Malaysia to impose a mandatory ruling for new developments to comply with the requirements for industrialised building system (IBS).

KUALA LUMPUR (Feb 12): Kerjaya Prospek Group Bhd expects the local property market will continue to remain soft, but it remains sustainable this year, says its executive chairman Datuk Tee Eng Ho.

KUALA LUMPUR (Oct 27): Budget 2018 has failed to address the challenges faced by the current property industry, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) in a statement following the tabling of the budget today.

PETALING JAYA (Oct 27): Master Builders Association Malaysia (MBAM) was hoping for lower import duties for heavy construction machinery and more incentives in Budget 2018 to be disbursed to industry players who use Industrialised Building System (IBS) and Building Information Modelling (BIM), such as equipment tax reduction and tax incentives, it said in a post-budget statement today.

PETALING JAYA (Oct 6): As Malaysian consumers become increasingly concerned about the sustainability features of a product, developers should implement them into their projects to achieve greater success, said VERITAS Design Group president and founding director David Mizan Hashim.

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.