On IBS as the way to reduce cost
Continues from: On Budget 2017 Only if there are economies of scale Master Builders Association Malaysia president Foo Chek Lee: Prices of building materials must be stable because it will directly impact the construction cost and eventually affect property prices.
MBAM: IBS can help reduce construction cost
KUALA LUMPUR (Oct 24): Malaysian builders should adopt the use of Industrialised Building System (IBS), especially the modular method, as this could speed up the building process while reducing labour and waste, said Master Builders Association Malaysia (MBAM) president Foo Chek Lee.
The worst is over in second-tier areas, says Rehda Kedah and Perlis chairman
KUALA LUMPUR (Oct 26): The Real Estate and Housing Developers' Association Malaysia (Rehda)’s Kedah and Perlis chairman Datuk Rick Cheng Wooi Seong believes “the worst is over” for the property market in second-tier areas in Malaysia.
Good intentions behind Budget 2017 but implementation is key: Rehda Selangor
PETALING JAYA (Oct 25): The good intentions behind the measures to increase the supply of affordable housing announced in the recently tabled Budget 2017 may be good but they would need effective implementation, said the Selangor branch chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda), Zulkifly Garib.
Developers may cut prices to ease cash flow in challenging market
PETALING JAYA (Oct 25): This is the time for those looking to buy properties to look out for “bargains” as the challenging property market may prompt some developers to lower prices, said Datuk Steve Chong, the Johor branch chairman of the Real Estate and Housing Developers’ Association Malaysia (Rehda).
Stamp duty exemption should be extended to property purchases up to RM500,000
PETALING JAYA (Oct 24): The Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy secretary general Tan Ching Meng urged the government to extend the zero stamp duty to property transfers worth up to RM500,000 from RM300,000.
‘Developers are not making obscene profits’
PETALING JAYA (Oct 24): Contrary to popular belief, property developers in Malaysia are not making huge profits, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon (pictured).
Budget 2017 a let-down for property players
KUALA LUMPUR (Oct 24): Property developers who were anticipating measures to spur the sluggish property market from Budget 2017 last Friday came away disappointed, as there were no clear incentives for them.
Country Garden @ Danga Bay targets full take-up by end-2017
JOHOR BAHRU: Country Garden Holdings Co Ltd (Country Garden) is looking to sell all the remaining 2,000 high-rise residential units at its Country Garden @ Danga Bay development in Johor by end-2017, said its sales executive Lee Yi Shen.
