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 & EventsInternational intelligent buildingstandards for building control systemsLatest building automation technologyfor real estate developmentInternet-of-Things technology andsmart home developmentElectrical engineering designs andapplicationsThe 12th edition will be held concurrentlywith the Guangzhou International LightingExhibition. Together, the two fairs will serveas a comprehensive platform for showcasingthe latest electrical engineering, lighting, andbuilding and home automation technologiesand solutions. A diverse range of visitorsare anticipated to join, including energyservice providers, power companies, systemintegrators, architects, designers, contractorsand end-users.Guangzhou Electrical <strong>Building</strong>Technology is organised by GuangzhouGuangya Messe Frankfurt Co Ltd. The fairis a part of Messe Frankfurt’s building andenergy shows, headed by the biennial Light+ <strong>Building</strong> event in Frankfurt, Germanywhich will take place from 13 - 18 <strong>Mar</strong>ch2016. The show also follows a series of lightand building technology events in China,including:Beijing International <strong>Building</strong>Technology (Spring <strong>2015</strong>)Guangzhou Electrical <strong>Building</strong>Technology (9 - 12 June <strong>2015</strong>)Guangzhou International LightingExhibition (9 - 12 June <strong>2015</strong>)Shanghai Intelligent <strong>Building</strong>Technology (23 - 25 September <strong>2015</strong>)Shanghai International Lighting Fair(23 - 25 September <strong>2015</strong>)To find out more about these events, pleasevisit www.building.messefrankfurt.com.cn ore-mail building@china.messefrankfurt.com. 34 <strong>Building</strong> & <strong>Investment</strong> | www.b-i.biz
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