bulletin 1007
TRANSCRIPT
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this year, the theme for the Budget
Consultation 2011 was set as “Together, Striving
towards a High Income Economy” and REHDA
submitted a memorandum with proposals
aimed towards that purpose.At the Budget Consultation held on 6 July
2010, REHDA President Dato’ Michael Yam
addressed the Chairman of the forum, Prime
Minister Dato’ Seri Najib Tun Razak, urged the
administration to recognise the significant
economic contributions of the sector as a
national core economic driver and introduce
reforms to unlock its potential in providing a
substantial boost to the country’s economy.
Dato’ Michael highlighted that the property
and real estate sector is no longer purely a
simplistic socio-economic tool, but has grown
into, and therefore should be viewed as, a
commercially vibrant and sustainable economic
driver and enabler with a strong multiplier
effect, with linkages spanning across 140
industries across the value chain.
Such potential had however been muted by
archaic and deterring conditions imposed by
Federal and State Governments, local
authorities and utility companies that weigh
upon the industry. This includes the
requirements for cross-subsidy of low-cost
housing, quotas for housing allocated for
Bumiputera, discounts for Bumiputera, variouscontribution costs, requirements to fund and
build public infrastructure, and so on and so
forth. These overbearing conditions have
resulted in low margins and low rewards that
are not commensurate to the hard work
involved, resulting in low talent retention and
fewer entry of the younger generation into the
industry.
Conducting further reviews, adjustments
and updating outdated laws and conditions can
unleash the multiplier effect that the industry is
capable of creating.
At present, the industry only constitutes
less than 4% of GDP. The sector should rightly
be moving into 8–10% of the country’s
economy, but are held back by these difficulties.
Dato’ Michael Yam expressed that higher price
for higher quality and specifications are not
necessarily a negative situation. As the nation is
moving towards a higher income economy,
higher salaries are required to pay for the skills
and expertise employed.
REHDA submitted the following proposals:1. National Home Ownership Campaign
• A campaign launched by the
Government with REHDA as the
accredited agent for affordable home
ownership;
• Stamp Duty Waivers;
• Reduced end financing rates by
financial institutions;
• Discounted legal fees;
• For the bottom 40% households and to
advocate a ‘one family one house’
concept.2. Abolishment of the mandatory delivery of
low-cost houses
• Mandatory delivery of a given
percentage of low-cost houses by
developers be withdrawn.
• Substituted by the delivery of
low-medium cost houses.
3. Revision of EPU Guidelines
• It is proposed that the threshold price
be revised back to RM250,000.00 from
RM500,000.00.
• This is in line with the 10th MalaysiaPlan under the Section, ‘Reforming the
Labour Market to Transform Malaysia
into a High Income Nation’ and in
particular the sub-section covering
‘Simplifying Procedures and Providing
Better Incentives to Attract Foreign
Talent’.
4. To provide further incentives for the
adoption of ‘Industrialised Building System’
(IBS)
• Sales tax exemption for all accredited
IBS material.
• Double tax allowance for all machinery
and equipment incurred by developers
in the production of all IBS material.
5. To Provide further Incentives for the
Adoption of ‘Green Technology’ by
Developers
• Sales tax exemption for all accredited
‘green technology’ material.
• Double tax allowance for all cost
incurred in providing ‘green technology’.
6. Exemption of Construction Contractsfrom Ad Valorem Duty
• REHDA proposed that construction
contracts should be reclassified from
being a service contract and that it
should incur a nominal stamping
fee of RM50.00 only.
7. Reducing Cost of Home Ownership
• It is proposed that all interest incurred
on end financing to finance the cost of
purchase of corresponding house can
be fully offsetted against personal
income tax.8. Revision of the Bumiputera Quota Policy
• The Bumiputera quota should be
standardised across all states, and
should not exceed 30%.
• Implementation of a standardised,
structured and transparent Bumiputera
quota release mechanism.
• The automatic release of unsold
Bumiputera units to the open market
shall be given upon:
50% to be released after 6 months
from the sales launching date, 25%to be released after 12 months, and
the balance 25% to be released
after 18 months;
Blanket release for all completed
unsold Bumiputera lots;
Developers should not be penalised
with any form of levy or payment to
any authorities or their agencies as
a result of these quotas not taken
up by the target group.
• No imposition of new conditions on
titles for Bumiputera units.
• Bumiputera quota achieved based on
sales.
• Property price cap for Bumiputera
discounts.
For more details on the Budget Memorandum
2011, please visit http://www.rehda.com.
Property Sector: A Key Economic Driver for aHigh Income Economy
t o w a r d s s u s t a i n a b l e d e v e l o p m e n t
july 2010
pp9309/12/2010 (026294)
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contentscover story> Property Sector: A Key Economic Driver
for a High Income Economy 1
announcement > REHDA Management Portfolio 2011 2> Time to Rebrand 8
urbanisation> Unlocking KL’s Potential 4–5
market updates> Property Market Statistics, Q1 2010 6–7
industry matters> Housing Industry: Opportunities 7
mapex> MAPEX July 2010: “Fullfilling Higher
Expectations” 9> Upcoming MAPEX 9
branch news> Selangor Branch – Seminar on Planning
Guidelines for Development on Hilly and
Highland Area in the State of Selangor 9
diary> June 2010 10
chairman
Dato’ Michael KC Yam
membersDatuk Eddy Chen
Pn Rusnani Abd Rahman
Ms Debbie Loh
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editorial committee
june was an important month as the Association
submitted a wishlist for the Budget Consultation 2010
that incorporated key issues being pursued for the
benefit of the industry. Details of REHDA’s proposalsare recorded as the cover story.
This issue of the REHDA Bulletin will also cover
REHDA’s “5 Re’s” as introduced by Dato’ Michael
Yam, President of REHDA, as a roadmap to guide
future activities of the Association (Page 8).
Some of the key office bearers in REHDA also
put their heads together to comment on the
announcements of urban redevelopment in certainhotspots in the Klang Valley (Page 4 and 5). This
issue will also provide property market statistic
updates for Q1 2010 (Page 6) as well as line up the
opportunities and challenges in the industry (Page 7).
With that, we wish you pleasant reading.
Advertisement opportunities in the
REHDA Management Portfolio 2011 – acompact multi-functional and user-friendly
management diary that is much sought after
and referred to by real estate investors and
property developers, building material
suppliers, financial institutions, relevant
ministries and government agencies,
affiliated property industry professionals
and the general public are now available.
Besides acting as a reference, the
REHDA Management Portfolio 2011
serves as an effective marketing and
publicity tool to enhance your corporate image, as well as to promote your
development projects or products and services to the property industry.
The REHDA Management Portfolio 2011 will be distributed by end of
November 2010.
For further information, please contact Pn Zetty at 03-7803 2978 or
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2 | editorial / announcement
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in a recent media interview with The Star,
key REHDA leaders involved in property
development in the Klang Valley shared
their views on the announcements by the
Government to redevelop its assets such as
the Sungei Besi airpot, the Pudu jail, KL
Financial District and RRI Land in Sungai
Buloh.
The office bearers responding to the
questions posed were:
• Dato’ Michael Yam, President of REHDA
(DMY)
• Datuk Ng Seing Liong, Immediate Past
President of REHDA (DNSL)
• Datuk Eddy Chen, Past President and
Patron of REHDA (DEC)• Mr Ngian Siew Siong, Selangor Branch
Chairman (NSS)
• Mr NK Tong, Wilayah Persekutuan (KL)
Branch Chairman (NKT)
What you think of the government’s
plan to redevelop some of its assets
like the Sungei Besi airport, Pudu jail,
KL Financial District and RRI land in Sg
Buloh.
DMY: REHDA applauds the Government’s
efforts in encouraging and taking
positive steps to regenerate and
redevelop otherwise existing
brown-field sites which otherwise
would have been idle, become an
eyesore and depreciate the values
of surrounding property.
The move by the Government to
initiate such large-scale urban
development in pockets around the
Klang Valley is a progressive one,
one that we hope would serve to
release a vast track of prime
potential development land toprevent overheating due to land
scarcity.
In line with the roadmap set up
under the National Key Economic
Areas (NKEA) and the New
Economic Model (NEM) such plans
will meet the resulting aggressive
anticipated demand.
Such redevelopment would
enable a wholesale repositioning of
KL to be a world-class city,
embracing all the contemporary
features not currently available in
existing developments, which grew
out of organic demand and ad hoc
non-contiguous ventures.
Developing large parcels of land
enables better integration of
services, infrastructure and so on,
and is generally more long term and
sustainable.
NKT: On the ground, in the wake of the
news, there are concerns by
developers that there will be a
repeat of what happened in the
1990’s – freezes on commercial land
to protect KLCC.
That aside, Kuala Lumpur is
relatively small compared to its
regional and global neighbours.
When these plans make KL more
visible and attractive on a global
perspective and when the city is
inhabited by a higher population in
more developments, more world-
class facilities and activities such
as art festivals, internationally-
acclaimed musicals can be brought
in for this larger market – turning KL
into a very interesting place to be.
An increase in the concentration
of density also bodes well with the
NKEA to make the upcoming MRT
system more sustainable and viable
when there is a higherconcentration of people to move
around.
This new initiative will spur
growth and attract a lot of interest
at both local and foreign levels.
When these few key projects are
executed well, Kuala Lumpur as a
whole can continue to be upgraded
in line with that. It is good to have
these catalyst-type projects, which
will spread throughout
developments in the city once
greater employment, foreign
investment and so on
kicks in.
Kuala Lumpur City Hall is always
keen on developing of older parts of
KL. With these new developments
happening, property values will be
spurred on and so will the
motivation for people to improve
the city.
How should the planning and
development go about?
DMY: Obviously, development plans need
to be carefully thought out and
planned, not only to achieve profit
targets, but on more holistic
“quadruple bottom line” – Profit,
Social, Environmental and
Sustainable objectives for long-
term outcomes.
It is important that supply is of
a high quality and value, and
developed in phases, in order not to
upset the supply and demand
equilibrium. These plans should be
demand driven, especially for those
related to mix-use developments.
A new, more effective and
efficient structure of the approval
and decision process is also
required to avoid costly delays and
falling short of targets.
Strong financial oversight,corporate governance and
supervisory measures by a
monitoring team should be
established with active private
sector participation.
On another note, the
Government can use these highly
profitable parcels as a source of
additional income to cross-
subsidise housing for the poor –
this will provide a boost to the
public sector’s effort in ensuring
affordable housing for the low-
income group.
DEC: These mega projects should be
developments of a high-value
nature. Meaning, these
developments should aspire to lure
in foreign direct investment (FDI)
with assets and properties that are
of international standards –
comparable to the likes of
Shanghai, for examples. Design,
technology and build should be
state-of-the-art and everything
should be value add – nothing short
of impressive.
However, the rollout should be
staggered in such a manner that it
does not affect the overall market
resulting in an oversupply situation.
With these sites earmarked as
such, we should start from scratch
to build something that can be
globally acclaimed and globally
competitive for Malaysia.
Having said that, each land areamust come under a unified master
plan that has its own unique theme
and designated role to play. This is
to avoid inter-city competition and
cannibalism, so to speak. For
Unlocking KL’s Potential
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example, whilst one city can be a
financial district, another can be
the centre of regional headquarters
for MNCs, another area for MICE
and corporate tourism activities,
and so on – no overlaps. Another
area that can be further developed
is the area of healthcare industry
and eco-tourism.
Such cities need to be well-
planned to incorporate work and
play.
Strong linkages within and
between these cities are important.
We need state-of-the-art
infrastructure and public
transportation networks. Public
transport must be the main mode of
travel in order not to add
congestion – these new areas give
opportunity for the Government to
plan such linkages from scratch. Agood transport disbursal system
must be in place.
With land prices relatively lower
than our neighbouring countries,
we can have the upperhand to focus
on constructing high quality
buildings.
NKT: These developments should be
market-driven and phased in
properly, and be open for everyone
to do business and add-value to
these structures. Such plans shouldbe in line with growth, such that the
market is not flooded and an
oversupply does not occur.
In line with Greater KL being a
National Key Economic Area (NKEA),
where population is expected to
experience tremendous growth,
these new areas will help achieve
that objective. Stemming urban
sprawl has always been something
that we want to work on. Such
planning will stem urban sprawl,
particularly from places like water
catchment areas.
NSS: All land should be put to productive
use. An airport at the well-
connected Sungai Besi is not
productive, and neither is Pudu jail
which is well-served with
infrastructure but totally vacant.
In such places, redevelopment
must take place. However, it must
be emphasised that its impact on
traffic generation must be looked
into. In fact, traff ic generation is
probably the most important
consideration in redevelopment.
Hence, the public transport
component is most crucial.
Otherwise, it will create more
generation of traffic through the
use of private cars.
On another note, the land use
must be compatible with its
neighbourhood.
What should be developed and who
should be roped in? How should
developers be selected?
DMY: The individual master plans can
include eco- and green features,
such as green lungs and parks, with
higher intensity developments.
Local and homegrown
developers who have contributed to
the nation should be allowed to
actively participate in these
developments, as they have much
to offer in terms of local
understand, market demand,
customer needs and relevant
experience.Proper forum and adequate
time allocated for consultation with
all stakeholders to support and take
ownership of these mega townships
and future landmarks of the nation.
DEC: We vouch for local participation in
the development of such areas, to
be done in an open and transparent
manner to give opportunity to big,
medium and small developers by
way of open tender, design and
build, and so on. Our developerscan also form a joint-venture with
the local government to build, as
we have the expertise and financial
strength to support.
We should do away with the
so-called “affirmative policy” and
not be held back by archaic policies
such as the NEP – this is not a
conducive environment for
foreigners. Policies should be open
and very transparent.
The local government could
provide incentive to the developers
of the area by lowering land costs in
favour for higher investments into
construction. Whilst in Malaysia,
the average proportion of land cost
if 20% of the total development in
KL, land cost makes up 40%. The
authorities could lower cost of land
to the best developer who is able to
invest more into the construction of
the buildings – which should turn
out to be world-renowned
destinations in Kuala Lumpur.REHDA would like to actively
participate in the implementation
and hopes to see how its members
big and small can somehow
contribute to this development.
NSL: I would like to stress that the plans
and the development of these land
areas must be transparent and
open. The layout of the land has to
be finalised before going into an
open market tender. The criteria for
such tenders has to be clear.Private developers need only
focus on building these
developments, while the public
sector focus on housing for the
poor and low-income groups.
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Property Market Statistics, Q1 2010Facts and Figures from the National Property Information Centre (NAPIC)
tables are adapted from Property Stock Report Q1 2010 and Property Market Status Report Q1 2010 on the following areas:
Overhang Status for Q1 2010
Residential Shop Industry
Units Units Units
Q1 2009 Q4 2009 Q1 2010 Q1 2009 Q4 2009 Q1 2010 Q1 2009 Q4 2009 Q1 2010
WP Kuala Lumpur 1,299 1,623 1,612 7 55 30 – – 0
WP Putrajaya 6 – 0 – – 0 – – 0
WP Labuan – – 0 – – 0 – – 0
Selangor 3,827 3,770 3,544 359 940 487 218 218 218
Johor 6,513 5,415 5,667 2,333 2,267 2,185 144 144 144
Pulau Pinang 426 592 652 60 60 75 35 25 44
Perak 976 1,793 1,253 694 182 182 30 15 15
Negeri Sembilan 1,373 1,222 1,823 176 684 660 57 36 34
Melaka 1,943 1,833 1,728 212 338 416 36 36 36
Kedah 2,619 1,399 1,480 58 74 74 20 36 36
Pahang 695 465 414 261 189 163 37 29 29
Terengganu – – 0 – – 0 54 54 53
Kelantan 196 297 285 44 28 28 – – 0
Perlis 139 108 108 – – 11 – – 0
Sabah 2,590 3,227 3,803 323 223 236 29 38 141
Sarawak 654 848 795 300 225 216 10 10 10
MALAYSIA 23,256 22,592 23,164 4,827 5,265 4,763 670 641 760
Key:
Overhang: Units completed
with Certificate of Fitness
for Occupation (CFO) or
Temporary Certificate Of
Fitness.
For Occupation (TCFO),
launched between 1st
January 1997 and 28th
February 2009 but remained unsold for more
than nine months as at
31 March 2010.
n Completions, Starts and Building Plan Approvals for
Residential, Purpose-Built Offices, Shopping Complexes and
Shop Units for Q1 2010, compared with Q4 2009 and Q1 2010;
n Existing Stock, Incoming Supply and Planned
Supply as at Q1 2010 and New Launches, and
Unsold Units of Housing for Q1 2010;
n Overhang Status
for Q1 2010.
Table 1: Overhang Status for Q1 2010
Residential Units
Stock
All Units as at Q1 2010 (accumulative)
Existing Stock Incoming Supply Planned Supply
WP Kuala Lumpur 400,080 48,568 33,504
WP Putrajaya 4,075 676 998
WP Labuan 10,799 962 92
Selangor 1,248,878 138,271 132,434 Johor 662,662 63,811 148,746
Pulau Pinang 343,575 41,936 39,613
Perak 378,308 32,937 37,495
Negeri Sembilan 230,973 61,634 106,387
Melaka 150,543 14,951 27,549
Kedah 255,383 36,884 36,338
Pahang 208,601 25,411 40,440
Terengganu 51,158 14,495 19,661
Kelantan 54,782 11,411 8,696
Perlis 20,402 1,455 1,657
Sabah 136,291 31,104 20,823
Sarawak 191,737 16,249 8,399
MALAYSIA 4,348,247 540,755 662,832
Table 2: Existing Stock, Incoming Supply and Planned Supply as at 31 January and New Launches, and Unsold Units of Housing for Q1 2010
more on page 7,
Key:
Existing Stock – Accumulative
figures of all completed units that
have been issued with CF or TCF prior
to Q1 2010.
Incoming Supply – Accumulative
figures of units where physical
construction works are in progress
including starts and CF/TCF have not been issued up till Q1 2010.
Planned Supply – Accumulative
figures of units with building plan
approval obtained up till Q1 2010
from the local authority. The units
have not started physical
construction works.
Overhang – Units completed with
CFO or TCFO launched between 1
January 1997 and 28 February 2009
but remained unsold for more than 9
months as at 31 March 2010.
6 | market updates
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the housing industry in Malaysia is unique in many ways. With the
market being predominantly driven by housing needs of the population,
it is relatively insulated from external economic shocks. However, recent
developments in the nation have brought about the surfacing of
opportunities for the growth of the sector. At the same time, there arechallenges and impediments for such growth, which should be addressed
to remove the roadblocks for the industry.
Dato’ Michael Yam presented a paper on “Housing Industry:
Opportunities and Challenges” at the International Surveyor’s Congress
by the Institute of Surveyors Malaysia (ISM) held on 18 June 2010 at Hotel
Istana, Kuala Lumpur. This article will cover the opportunities in the
industry, whilst the August issue will cover the challenges.
Property Investment DestinationThe Global Property Guide, an Austrian-founded global property
investment guide, recommended Malaysia as the top property
investment location in Asia for the following reasons:• Good rental yields in Kuala Lumpur, at around 8.8%
• Properties in KL are relatively affordable, with prices around US1,424
per sq. mt.
• Low round-trip buy-sell costs at around 5.5%
• Sound banking system
• Healthy international reserves
• Confidence on country’s administration to improve business
processes and deliver strong economic performance
• Low budget deficits and debt
The Guide noted that the downside for investing in Malaysian
property were that capital gains are low, at 5.2%.
Accomodative Financial Sector The banking sector in Malaysia is stable and encouraging for property
construction and property ownership:
• The Malaysian banking sector remains liquid and flushed with cash,
and banks are prepared to lend;
• Credit profile for construction players are improving as non-
performing loans are substantially lower than previous years since
2006; and
• Housing non-performing loans have been declining since 2007.
Future Plans for Urban DevelopmentThe Malaysian Government is spearheading the task of leveraging on
urban development as a key source of economic growth:
• Higher intensification of Government policies that provide
opportunity for regeneration of brownfield sites that unlock
the value of premium, underutilised land;
• The setting aside of Greater KL as a National Key Economic
Area (NKEA) with plans to bring in an influx of skilled foreign
workers;• Self-contained and economically sustainable development
policies for township development; and
• The embracing of green technology for developments in
reducing carbon footprint.
Demand-Driven MarketDemand for local housing is driven mostly by domestic demand –
specifically household formation – that continues to provide
opportunities for developers to supply housing into the market.
Based on previous the growth rates of previous years, REHDA
charted an estimate of household formation needs from 2010–
2015. Household formation represents the basic home ownershipneeds of the local market and does not include external demand.
Year Household Formation
2010 141,579
2011 144,709
2012 147,909
2013 151,179
2014 154,522
2015 157,938
Applies a 2.22% growth rate from 2009 figures
Living quarters formation includes additional demand.
Applying the 5-year (2005–2009) average of 153,983 units of
houses as an assumption for future supply, there would be some
shortages in meeting demand as in the table below.
Year Living Quarters Formation Demand vs Supply
2010 165,231 -12,404
2011 168,957 -9,274
2012 172,767 -6,074
2013 176,662 -2,804
2014 180,646 539
2015 184,720 3,955
Applies a 2.26% growth
rate from 2009 figures
Living quarters
formation against
5-Year Average
Housing Completions
(153,983)
Housing Industry: Opportunities
Q4 2009 Q1 2010p Q1 2009Residential (Units)
Building Plan Approvals 17,955 ~~
17,506 22% 22,391Starts 17,191 ~~ 19,110 13% 22,053Completions 23,903 ~~ 23,834 12% 27,080
Purpose-Built Office (sq.m.)Building Plan Approvals 4,647 239% 15,773 23% 12,787Starts 12,371 663% 94,372 129% 41,957Completions 134,695 64% 221,500 61% 136,779
Shopping Complex (sq.m.)Building Plan Approvals 73,266 98% 1,255 99% 125,653Starts 104,371 84% 16,231 82% 88,556Completions 29,694 400% 145,143 47% 98,698
Shop Units (Units)Building Plan Approvals 1,489 8% 1,367 26% 1,854Starts 926 88% 1,739 ~~ 1,837Completions 1,970 31% 1,356 50% 2,758
Table 3:
Completions,
Starts and New
Planned Supply,
Q1 2010
continued from page 6,
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the appointment of Dato’ Michael Yam Kong Choy as
President of REHDA has marked a new era to the life of theAssociation.
To set the stage for the coming years of his tenure, Dato’
Michael Yam has purposed to build on the past work of
previous leaders by introducing five specific areas of focus
for the Association and its members. Simplistically termed as
the 5 “RE’s”, these areas will provide a roadmap for REHDA
and its activities in days to come:
Relevant
Responsible
Responsive
Respected
REHDA
RelevantAs the voice of the housing and property development
industry, the Association activities take into account the
diverse interests of various stakeholders. As such, the
Association must play the balancing act of remaining relevant
to members as advocate, and to the Government as a
consultative NGO.
Commercially, it is also imperative for the product
offerings of members to be relevant and up to speed with
socio-demographic and economic trends of the market.
For example, in answering the global call for going green,
developers should build energy efficient projects as much as
possible matched with the affordability of its customers.
Towards that, REHDA would work with the Government in
formulating policies that are facilitative and provide incentive
for such a direction in housing.
Responsible
The Association also wishes to encourage propertydevelopers to take more responsibility for what they purport
to offer to their customers, and ensure that the delivery of
housing is properly followed through. For example, the
profession should move increasingly towards a scenario
where the actual property matches the drawings and
advertising brochures as closely as possible.
This is possible through positive peer pressure using role
models that are already in the Association’s membership.
ResponsiveBeing responsive to customers is key to developing a strong
rapport. Prompt and helpful information coupled with
effective action will win the property developer many positive
points with customers. It is the hope of the Association to be
sensitive and responsive to the needs of consumers across
the board.
RespectedA good reputation and track record is what housebuyers
watch out for. When a property developer is known to have
products that are consistently up to standard, they reap
further rewards in future. Developers also need to support
Government initiatives and participate in various CSR
programmes.
Developers are facing a problem where the press and
media often throw negative light onto developers or builders.
Although there would always be some bad apples in a basket,
it would be unfair for such an image to be painted on the
entire sector. The Association wishes to make the market
more aware of the achievements of our members, as we have
successfully delivered 4 million houses over the years and
contributed substantially to low-cost housing. We would like
to give more respect and credit to REHDA members, whichshould cascade to the rest of the industry.
REHDA Finally, the brand name REHDA itsel f should encapsulate all
these values. Dato’ Michael Yam aspires for property
developers, by their own initiative, to progress forward to
fulfill higher expectations in the market. Good products that
are made in line with standards should be a culture, and not
just something required by the law.
For this purpose, and in consultation with the National
Council, he hopes to introduce and draw up the key
components of a “client charter” to persuade members to
keep to a code of best pract ice as a f irst step towards building
a trusted brand. This exercise would be done in consultation
with members because it needs to be all-inclusive without
excluding the main body of membership.n
Time to Rebrand
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Upcoming MAPEX
the second MAPEX Klang Valley for the year was held from 16 to 18 July at the Mid Valley
Exhibition Centre and continued to bring the best of housing and property into the
marketplace. This time with the theme of “Fulfilling Higher Expectations”, the exhibition was
participated by 37 developers showcasing 40 over developments situated within the KlangValley. Properties from Gambang, Pahang; Ipoh, Perak; and Sepang, Negeri Sembilan were
also showcased. Related companies and organisations showcasing their services were
HSBC, Kuwait, Hong Leong Bank, Malaysia My Second Home (Ministry of Tourism), National
Housing Department and the Treasury Housing Loan Division.
The exhibition attracted over 20,000 visitors and recorded sales of RM67,928,984 for
121 units.
REHDA thanks and congratulates all REHDA members who have showcased their offerings at MAPEX:
Amalan Tepat Sdn Bhd, B&G Prestigious Property Sdn Bhd, B&G Pristine Property Sdn Bhd, Bangi
Heights Development Sdn Bhd, BBN Development Sdn Bhd, Bolton Marketing Sdn Bhd (Bolton
Berhad), Bukit Ikhlas Development Sdn Bhd, Bulletin Engineering Sdn Bhd, CB Land Sdn Bhd,
Country Heights Holdings Bhd, Daya Niaga Sdn Bhd, Dergahayu Sdn Bhd, Gema Padu Sdn Bhd,
Harp Soon Sdn Bhd, IJM Land Berhad, Lebar Daun Development Sdn Bhd, MCT Homes Sdn Bhd,
Medan Prestasi Sdn Bhd, Morubina Sdn Bhd, Mutiara Goodyear Development Berhad, Paramount
Property Development Sdn Bhd, Perbadanan Kemajuan Negeri Selangor, Perfect Eagle Development
Sdn Bhd, Platinum Victory Development Sdn Bhd, Prima Green Sdn Bhd, Prop Park Sdn Bhd, Pura
Development Sdn Bhd, Ratus Bayan Sdn Bhd, Saujana Triangle Sdn Bhd, SC Land Group, Sentoria
Harta Sdn Bhd, Seri Pajam Development Sdn Bhd, Shanghai Realty Sdn Bhd, Sime Darby Property
Bhd, TH-Properties Sdn Bhd, Titijaya Sdn Bhd and TPPT Sdn Bhd.
MAPEX July 2010: “Fullfilling Higher Expectations”
State Venue Date Contact No.
Pahang Megamall, Kuantan 23 – 25 July 09-513 3355
Melaka Mahkota Parade 30 July – 1 August 06-337 4288
Klang Valley Mid Valley Exhibition Centre (MVEC) 22 – 24 October 03-7803 2978
Pahang Kuantan Parade, Kuantan 22 – 24 October 09-513 3355
Johor Atrium, Johor Bahru City Square 4 – 7 November 07-228 1993
Melaka Dataran Pahlawan Melaka Megamall 12 – 14 November 06-337 4288
Negeri Sembilan Seremban Parade 19 – 21 November 06-762 3317
Selangor Branch
Seminar on Planning Guidelines for Developmenton Hilly and Highland Area in the State of Selangorrehda Selangor together with Jabatan
Perancangan Bandar dan Desa (JPBD)
Selangor had successfully organized a half-
day seminar on “Planning Guidelines for
Development on Hilly and Highland Area in
the State of Selangor” on 18 June 2010 at
Concorde Hotel, Shah Alam.
The objective of the seminar was to
brief and explain the details of the “Garis
Panduan Perancangan Pembangunan
Kawasan Bukit dan Tanah Tinggi Negeri
Selangor” approved by the Selangor State
Government on 24 March 2010 as well as to
obtain views and feedback from the
participants on its implementation. The
guidelines would be used as the main
reference to consider planning applications
for developments on hilly and highland
areas by all Local Councils in Selangor. All
departments, technical agencies, local
councils, land offices, consultants and
developers had also been advised to refer
to this guidelines for planning and
development on Class 3 and Class 4 slopes.
Encik Zakaria bin Mohamad, Pengarah
Jabatan Mineral dan Geosains Selangor
and Y.Bhg. Dato’ Mohd. Jaafar bin Mohd.
Atan, Pengarah JPBD Selangor were the
speakers for the seminar which was
attended by 260 participants comprising
of member developers, planners,
consulting engineers, architects, officers
from government agencies and local
councils.
Members who wish to refer to the
guidelines can download it from
Jabatan Perancangan Bandar dan
Desa ( JPBD) Selangor’s website at
http://jpbdselangor.gov.my .
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June 2010date events date events
JPN – Working Group on Rehabilitation, Revival and
Monitoring of Abandoned Housing. Attended by Dato’
Ir Soam Heng Choon and
Ms Karen Seow.
PEMANDU – National Key Economic Areas (NKEA)
Lab. Attended by Mr Chiam Soon Hock, Pn Rusnani
Abd Rahman and Ms Shirley Ho.
JPN – Meeting on Section 10E (1) (a) Housing
Development (Control and Licensing) Act 1966.
Attended by Mr Soon Teck Giap and Ms Karen Seow.
REHDA Building Renovation Client-Consultant’s
Meeting. Attended by Tan Sri Datuk Chan Sau Lai,
Dato’ Ricque Liew Yin Chew, Consultants, Architectsand Mr Liew Kek Min.
BMAM – Meeting on Copyright Act. Attended by
Dato’ Ricque Liew Yin Chew.
MITI – Seminar on “Enhancing Industries Awareness
on Green Technology in Malaysia”. Attended by
Ir Ng Lip Khong, Mr Tiah Oon Ling and En M. Hanafi.
CLAB – Board of Directors Meeting. Attended by
Dato’ Michael Yam Kong Choy.
Meeting to Discuss Follow Up Action arising from the
Special Taskforce of Reviving Abandoned Housing.
Attended by Datuk Ng Seing Liong, Dato’ Johan
Ariffin and Ms Karen Seow.
SPAN – Discussion Meeting. Attended by Ir Teo
Ching Wee, Mr Tiah Oon Ling, Mr S. Sivanyanam,
Mr Ng Lip Chong and En M. Hanafi.
REHDA Institute – Tea Talk on GST. Attended by
Ms Karen Seow, Ms Debbie Loh and Pn Zetty.
EPU – Meeting with Malaysia Property Incorporated(MPI) on New Structure and Direction. Attended by
Datuk Ng Seing Liong.
IFRIC 15 Agreements for the Construction of Real
Estate. Attended by Datuk Ng Seing Liong, Mr Soo
Chan Fai and Ms Karen Seow.
Working Group to Review the National Housing Policy
and Way Forward of the Housing Industry Attended
Tn Hj Muztaza Mohamad and Ms Karen Seow.
Seminar on Planning Guidelines for Development on
Hilly and Highland Area in Selangor organised by
JPBD Selangor and REHDA Selangor Branch.
Attended by En M. Hanafi.
REHDA Fellowship Dinner 2010 at Cititel Hotel.
Annual Delegates’ Conference 2010.
ACEM 47th Anniversary Dinner. Attended by
Mr & Mrs Tiah Toh Twin.
ISM 49th Annual Dinner. Attended by Mr Tiah
Oon Ling and Mr Ng.
JPN – Meeting to Discuss 51 Category 2 Sick
Housing Projects. Attended by Dato’ Michael
Yam Kong Choy, Datuk Ng Seing Liong and
Ms Karen Seow.
IEM – Meeting to Discuss Position Paper on
Erosion and Sedimentation. Attended by
En M. Hanafi.
JPN – Working Group to Enhance the Law
Enforcement and Monitoring Enforcement for
Abandoned Housing Projects. Attended by
Dato’ Ricque Liew Yin Chew, Mr Ng Lip Chong
and Ms Karen Seow.
Committee Meeting on Plans for Driving Energy
Efficiency No. 2. Attended by Dato’ Ricque Liew
Yin Chew and En M. Hanafi.
Meeting with Officials of University of Malaya.
Attended by En Musli of REHDA Institute.
REHDA Renovation Client-Consultants’
Meeting. Attended by Dato’ Ricque Liew Yin
Chew, Consultants, Architects, Pn Zetty and
Mr Liew Kek Min.
CREAM – AGM. Attended by Mr Tiah Toh Twin.
Press Conference on the Amendments to the
Copyright Act 1987 with ACCCIM, Malaysian
Retailers Association, Malaysia Retailer-Chains
Association, Building Management Associationof Malaysia and REHDA. Attended by Datuk
Eddy Chen Lok Loi and Ms Debbie Loh.
Bank Negara Malaysia – Discussion on the
Outlook for the Residential Sub-sector. Mr Teh
Boon Ghee, Mr Anthony Cho Tian Han,
Dato’ Soam Heng Choon and Pn Rusnani Abd
Rahman.
BMAM – Inaugural AGM. Attended by Datuk
Eddy Chen Lok Loi.
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