Property developers urged to go green

KUALA LUMPUR (April 24): Malaysian property developers can halt the degradation of the environment and go green by improving their corporate social responsibility practices, said Deputy Minister of Urban Well-Being, Housing and Local Government Datuk Halimah Mohamed Sadique.

Halimah said this in her keynote speech at the National Affordable Housing Summit 2015 yesterday.

The summit was jointly organised by REI Group of Companies and the Asian Strategy & Leadership Institute (Asli) to address issues on affordable housing and green development. Some 140 participants from the housing industry attended the seminar.

Halimah stressed that all property developers, not just the big players, should go green.

“We don’t know what we have until we lose it. Hence, it is crucial that we take steps to curb unnecessary degradation of the environment,” Halimah said.

In her opening speech, Asli director Puan Sri Dr Susan Cheah said: “The key challenges we are focusing on are securing finances, designing inclusive communities and [using] the right technologies to build more affordable housing.”The summit’s main sponsors are S P Setia Bhd, Mah Sing Group Bhd, Boustead Holdings Bhd and Selangor State Development Corp.

This article first appeared in The Edge Financial Daily, on April 24, 2015.

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.
  1. Poverty can be eradicated, but we need to be Malaysians first: Daim
  2. Low financial literacy hindering homeownership in Malaysia
  3. China SOEs over-invested in construction