Building Investment (Mar - Apr 2015).pdf
As our magazine grows to become more of a regional publication, we will be bringing you even more news from around the region and beyond. e biggest change in Malaysia was the implementation of Goods and Services Tax on 1 April 2015 which impacted on property prices, raising costs by up to 2.6 per cent. As an oil-exporter, it is likely to see slower growth due to low oil prices and GST dampening private consumption. Singapore will continue to see property prices falling due to government cooling measures while both Indonesia and Philippines are expected to show strong growth even as China slows its pace to 6.7 per cent growth (World Bank). Overall, growth outlook for the region is expected to hover at 6.4 per cent for 2015 (Asian Development Bank). As we approach the second quarter of 2015, we will continue to work even harder to ensure that our magazine reaches a wider audience as we explore the various distribution channels for the electronic version of our magazine – more on these will be announced in later issues. Meanwhile in this issue, we highlight projects like the futuristic development called Harbour City in the historic city of Melaka (front cover feature); Sherwood Kinrara South residential project in Selangor; Epic Suites also in Selangor; and developer SP Setia’s new corporate headquarters in Shah Alam. In our features section, we report on Malaysian Timber Industry Board’s initiative to promote Malaysian-designed furniture; and market reports from some of the expert analysts like WTW and REHDA. Elsewhere in the magazine, we bring you a roundup on market news and updates on products and services while in the Design Feature section, you can read about some of the exciting designs from US and Canada. If you have suggestions to oer or events that you would like us to cover, please feel free to drop us a note.
As our magazine grows to become more of a regional publication, we will be bringing you even more news from around the region and beyond. e biggest change in Malaysia was the implementation of Goods
and Services Tax on 1 April 2015 which impacted on property prices, raising costs by up to 2.6 per cent. As an oil-exporter, it is likely to see slower growth due to low oil prices and GST dampening private consumption.
Singapore will continue to see property prices falling due to government cooling measures while both Indonesia and Philippines are expected to show strong growth even as China slows its pace to 6.7 per cent growth (World
Bank). Overall, growth outlook for the region is expected to hover at 6.4 per cent for 2015 (Asian Development Bank).
As we approach the second quarter of 2015, we will continue to work even harder to ensure that our magazine reaches a wider audience as we explore the various distribution channels for the electronic version of our magazine
– more on these will be announced in later issues.
Meanwhile in this issue, we highlight projects like the futuristic development called Harbour City in the historic city of Melaka (front cover feature); Sherwood Kinrara South residential project in Selangor; Epic Suites also in
Selangor; and developer SP Setia’s new corporate headquarters in Shah Alam.
In our features section, we report on Malaysian Timber Industry Board’s initiative to promote Malaysian-designed furniture; and market reports from some of the expert analysts like WTW and REHDA. Elsewhere in the magazine,
we bring you a roundup on market news and updates on products and services while in the Design Feature section, you can read about some of the exciting designs from US and Canada.
If you have suggestions to oer or events that you would like us to cover, please feel free to drop us a note.
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News & EventsStrong feedback from leading brands90% exhibition space confirmedGuangzhou Electric <strong>Building</strong> Technology exhibition receives strong support frominternational and domestic business associations.THE 12 TH EDITION of Guangzhou Electrical <strong>Building</strong> Technology(GEBT) will be held from 9 - 12 June at Area A of the China Importand Export Fair Complex in Guangzhou, China. To accommodatethe growing needs of China’s building and smart home industry,electrical engineering as well as building and home automation willbe the two major highlights for the <strong>2015</strong> edition.Recognised as Asia’s premier platform for building technology,prominent industry players have shown strong confidence towards theshow with approximately 90% of exhibition space booked. New andreturning exhibitors confirmed for <strong>2015</strong> include ABB (Switzerland),Control4 (the US), DADE (China), DOOYA (China), EchelonTechnology (the US), EnOcean Alliance (the US), HDL (China), HEE(China), IISFREE (China), KNX Association (Belgium), Lite-Puter(Taiwan), Murata (Japan), ORVIBO (China), Schneider Electric(France), T&J Electric (the UK), SINGI (China), WAGO (Germany),Wulian (China), Z-Wave Alliance (the US) and others.Ms Lucia Wong, Deputy General Manager of Messe Frankfurt(Shanghai) Co Ltd commented: “The enthusiastic exhibitor responsefor the <strong>2015</strong> fair indicates that industry players see great potential inChina’s evolving building industry, and they value the professionalismof the show. Our goal has always been turning Guangzhou Electrical<strong>Building</strong> Technology into one of the most specialised and professionalexhibition to support China’s fast-growing building technologiesmarket. Through the continued support from industry players, Ihope to carry this momentum into the <strong>2015</strong> edition and provide aprofessional platform for both domestic and international buildingtechnology and home automation enterprises to seize opportunitiesin China’s lucrative market.”GEBT <strong>2015</strong> receives strong support from international anddomestic business associationsIn addition to the positive feedback from exhibitors, the supportreceived from industry associations continues to be one of the keyfactors to the show’s success. This year, the fair organisers havealready confirmed several new associations to its list of supporters,including the China Smart Home Industry Alliance, the IntelligentEngineering Branch of China Exploration and Design Association,Modern Architecture Electric Magazine, the Asia Pacific IntelligentGreen <strong>Building</strong> Alliance and the Bluetooth Special Interest Group Incand many more.Furthermore, a comprehensive series of forums and seminarswill also be held in conjunction with the fair. These concurrentevents allow end-users to connect with field experts for cross-sectorbusiness collaborations and exchange ideas to facilitate greater futuredevelopments. Some of the highlighted topics include: Future trends in China’s intelligent building and homeautomation market32 <strong>Building</strong> & <strong>Investment</strong> | www.b-i.biz
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