news

Sunway and Daiwa to build prefabricated houses together

KUALA LUMPUR: Sunway Group and Japanese developer Daiwa House Industry Co Ltd will collaborate to build prefabricated houses in the future. This was revealed at the signing of a memorandum of understanding (MoU) on Tuesday to study the benefits and feasibility of building prefabricated houses in Malaysia. No date has been set as to when the product will come into market.

“The collaboration between Daiwa and Sunway brings together the expertise of two large and reputable industry players to offer alternative and innovative products into the market anchored around prefabricated housing, eco and smart home technologies,” said Ong Pang Yen, joint managing director of Sunway Bhd property development division for Malaysia and Singapore.

A prototype bungalow house was built with Daiwa’s proprietary prefabrication technology in the group’s Sunway Eastwood development in Seri Kembangan, Selangor.

It was completed in five months and this 3-storey bungalow unit with a built-up area of 3,968 sq ft is decked with Daiwa and other high-tech devices and technology as a test bed to ascertain what works best in Malaysia.

“We are proud to partner Sunway which has an indisputable track record of 40 years as a community builder here in Malaysia,” said Isao Mizutani, director of Daiwa’s single housing division.

“We are confident that this partnership will effectively introduce Daiwa’s technology into the region, which is supported by our strength in R&D.”

He added that Malaysia will be the launch pad for Daiwa to enter more countries in the Asean region. Already it has projects in China, Vietnam, Indonesia and the US.

Ong revealed that a show village will most likely be built in Sunway Iskandar, Johor, to showcase and educate the public of what prefabricated houses can offer.


This article first appeared in The Edge Financial Daily, on July 25, 2014.

 

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