News about IBS

THE early 1990s are known as Malaysia’s golden years.

KUALA LUMPUR (April 30): Investors should keep an eye on the market as buyers of properties under the Developer Interest Bearing Scheme (DIBS) seek to unload their properties this year, said JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured).

KUALA LUMPUR (April 12): It is now mandatory for all government projects costing RM10 million and more, and private sector ventures of RM50 million and above, to hit an Industrialised Building System (IBS) score of 70, said Prime Minister Datuk Seri Najib Razak (pictured).

WHEN the going gets tough, the tough must get going.

THE auction market may offer some good property deals later this year, including new properties that were sold under the Developer Interest Bearing Scheme (DIBS) a few years ago.

KUALA LUMPUR (Jan 29): The only way to help house buyers is to get banks to relax housing loan requirements, the Penang government said today.

KUALA LUMPUR (Jan 20): The current property market slowdown will be positive in the long-term as it is reining in the rapid price increases, cooling the market and reducing speculation, said Henry Butcher (M) Sdn Bhd COO Tang Chee Meng (pictured, right).

PETALING JAYA (Dec 31): Only about 42% of public projects and 70% of private projects in the country use modern Industrialised Building Systems (IBS) technology, according to the Construction Industry Development Board (CIDB).

KUALA LUMPUR (Nov 28): Despite the push from the government, contractors still prefer to use the conventional construction method rather than the Industrialised Building System (IBS).

PETALING JAYA (19 Nov): Details of the implementation of the RM200 million First House Deposit Financing Scheme will be finalised by the first quarter of next year, said Minister of Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan.