news

KFM in discussions with developers on green projects

KUALA LUMPUR: KFM Holdings Sdn Bhd is in discussions with several public-listed property developers to design, build and manage green residential and mixed-developments in Klang Valley.

More details of these developments will be forthcoming in 2Q2012, said Group CEO, Nurolamin Abas at a briefing on Tuesday, July 19. KFM is a solution provider for the built environment.

"We are currently conducting an energy use study for some commercial buildings in Kuala Lumpur, but we are focusing on government buildings for now," Nurolamin said.

At the briefing, KFM highlighted its success in reducing energy consumption in the Kuala Lumpur Courthouse Complex (KMKL) in Jalan Duta by 11%, compared with consumption in 2009 and 2010.

Minister in the Prime Minister's Department in charge of Law and Parliamentary Affairs, Datuk Seri Mohd Nazri Abdul Aziz who officiated the briefing said, "This is remarkable because the savings are attained without any additional cost to the government… I am encouraged because this effort manifests the capabilities of a new breed of young and dynamic Bumiputera entrepreneurs."

Nurolamin further commented that 10% to 20% reduction in energy consumption is achievable for most built environments.

The KMKL project was spearheaded by KFM with an investment of about RM1 million. This effort marks the start of KMKL's efforts towards achieving High Performance Green Building (HPGB) status. Moving forward, KFM will focus its efforts to transform existing courthouses — including Perdana Putra, Putrajaya — towards HPGB status.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE