S P Setia receives award for highest IBS score in Malaysia
KUALA LUMPUR (Sept 3): Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, today received the highest-in-the-country Industrialised Building System (IBS) score of 93.
Works Minister seeks budget allocation to encourage BIM adoption
KUALA LUMPUR (Aug 6): The Construction Industry Development Board (CIDB) Malaysia hopes there will be allocation under Budget 2020 for incentives to encourage the construction industry to adopt Building Information Modelling (BIM).
Higher cement prices may hike building costs by up to 8%, says CIDB chief
PETALING JAYA (June 19): Construction Industry Development Board (CIDB) chief executive officer (CEO) Datuk Ahmad 'Asri Abdul Hamid (pictured) said the proposed 40% hike in cement prices may raise building costs by 7% to 8%, based on simulations run by the board.
Developers in Catch-22 situation over IBS adoption
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.
CIDB: Private sector adoption of IBS around 35%
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).
No need for separate board for property, facility and strata managers, says BOVAEP
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).
Construction costs to drop by up to 5% with SST exemption, says CIDB chief executive
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.
M'sian construction delegation visits UK for opportunities in development projects
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.
Works Ministry to get local authorities to make IBS mandatory
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).
SkyWorld plans RM2b launches for 2018
KUALA LUMPUR (Jan 22): SkyWorld Development Group is planning to launch projects worth RM2 billion in the city this year.
