Urban regeneration is high on the agenda this year as developers, town planners, architects and industry delegates reconvene at the 15th instalment of the World-Class Sustainable City Conference (WCSC 2024).

The Real Estate and Housing Developers' Association Malaysia (REHDA) is of the view that the Madani Deposit and a programme akin to the previous Developer Interest Bearing Scheme (DIBS) should only be applied to controlled priced affordable housing.

The suggested requirement, whereby a full block or two need to be made into Madani housing instead of a set percentage, will naturally cause a further increase in the free market prices for those who are not eligible for affordable housing, stated the Real Estate and Housing Developers' Association Malaysia (REHDA).

The journey towards sustainable construction may be riddled with challenges, but with the sharing of knowledge and best practices at events such as The Edge Malaysia and YTL Cement's Sustainable Construction: The Next Level Symposium that was held on Wednesday at JW Marriott Hotel Kuala Lumpur, industry players can come together and look at how they can overcome such challenges and drive innovation.

The Real Estate and Housing Developers’ Association (Rehda) Malaysia welcomed the Federal Court’s ruling on the cases involving Prema Bonanza Sdn Bhd and Sri Damansara Sdn Bhd on Friday, which removed the uncertainties in the determination of the delivery period of properties

The certification criteria include the thermal performance of the building envelope, natural and mechanical ventilation, application of renewable energy, and other energy-efficient practices and features. 

Real estate industry experts highlighted that the need for old building refurbishment and modernisation is dire, as about two-thirds of Malaysia’s existing old buildings that no longer meet current building codes, energy efficiency, and safety regulations, will still be used until 2050.

Real Estate and Housing Developers’ Association Malaysia (REHDA) has called for building industry players to be excluded from paying the levy imposed by the Human Resource Development Corp (HRD Corp).

The Petronas Twin Towers was also the recipient of the Editor’s Choice Awards for Timeless Excellence.

Datuk Ir Ho Hon Sang of Equatorial Palms Sdn Bhd has been elected Real Estate and Housing Developers’ Association (REHDA) Malaysia president during the association’s Annual Delegates Conference on June 29.