News about CIDB

KUALA LUMPUR (Feb 18): Plenty has been said about the industrialised building system (IBS) (pictured) in Malaysia over the years, but adoption in the private sector remains slow as developers lament they have been caught in a Catch-22 situation.

KUALA LUMPUR (Jan 17): The private sector adoption of the industrialised building system (IBS) currently stands at an estimated 35%, out of its 2020 target of 50%, said the Construction Industry Development Board (CIDB).

PETALING JAYA (October 29): There is no need to establish a separate board to register and regulate property, facility and strata managers as the three professions are already being regulated by different bodies, said the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).

KUALA LUMPUR (Sept 28): Construction costs of homes are expected to fall by 3% to 5% owing to the Sales and Service Tax (SST) exemption on basic construction materials, The Star daily reported Construction Industry Development Board (CIDB) chief executive Datuk Ahmad Asri Abdul Hamid saying today.

KUALA LUMPUR (April 23): The Construction Industry Development Board (CIDB) today led a delegation of Malaysian construction-related companies to explore opportunities in development projects in the UK owned by Malaysian developers.

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 (Jan 22): SkyWorld Development Group is planning to launch projects worth RM2 billion in the city this year.

KUALA LUMPUR (Sept 15): The Real Estate and Housing Developers’ Association Malaysia (Rehda) said the Industrialised Building System (IBS) has to reach economies of scale for it to be economically viable, and volume is key.

KUALA LUMPUR (Sept 11): While much has been said about the advantages of using the Industrialised Building System (IBS) method for construction, adoption is still slow due to the various hurdles faced by stakeholders in applying the technology.

PETALING JAYA (Aug 22): Sime Darby Property has bagged 13 quality building awards at the Qlassic Excellence Award 2017, making it the developer with the most wins at this year’s event.