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Building Investment (September - October 2019)

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www.b-i.biz<br />

EDITOR’SNOTE<br />

PUBLISHER<br />

B & I Worldwide Sdn Bhd<br />

EDITOR<br />

Eric Tan<br />

DEPUTY EDITOR<br />

Selina Messner<br />

ADVERTISING<br />

Josephine Lim<br />

EDITORIAL CONSULTANTS<br />

Chandra Perumal<br />

Christopher Fernandez<br />

SENIOR DESIGNER<br />

Mohamad Azhar Kasim<br />

PHOTOGRAPHER<br />

Jacky Lum<br />

CIRCULATION<br />

Tan Wee Aik<br />

HONORARY ADVISORS<br />

Datuk Merlyn Kasimir<br />

Dato’ Dr Ken Yeang<br />

Datuk Ar Tan Pei Ing<br />

Ar Chan Seong Aun<br />

OFFICE<br />

Suite 201, Block A<br />

Mentari Business Park<br />

Jalan PJS 8/5, Bandar Sunway<br />

46150 Petaling Jaya, Selangor, Malaysia<br />

Tel: +603 5631 9395 (Hunting line)<br />

E-mail: b-i@b-i.biz<br />

The REHDA Property Industry Survey 1H <strong>2019</strong><br />

recorded a reduction in the number of project<br />

launches as well as respondents. Although<br />

there was a spike in 15% sales, the sentiments<br />

towards the property industry for the next 10<br />

months remained mostly neutral.<br />

Most of the launches are 2-3 storey terrace houses and serviced<br />

apartments and the launched selling price were those between RM250,000<br />

and RM700,000. Most buyers were first-time purchasers, mainly for the<br />

purpose of self-dwelling.<br />

Majority of the respondents reported to have around 30% unsold stocks<br />

with end-financing issues as the main reason for unsold units, followed by<br />

unreleased Bumiputra units and low demand. Despite market conditions,<br />

more optimism is anticipated for 1H 2020. Many players across the building<br />

and construction industry are in the midst of introducing new projects in<br />

upcoming trade fairs and exhibitions across the globe, which you can read<br />

more about in the next edition of B&I magazine.<br />

We welcome editorial papers with respect to projects, products and<br />

services. However, B&I reserves the right to edit any editorial contribution.<br />

Happy reading and we look forward to your patronage.<br />

ERIC TAN, EDITOR<br />

b-i@b-i.biz<br />

PRINTER<br />

WELCOME2PRINT Sdn Bhd<br />

No 40, Jalan PBS 14/3<br />

Taman Perindustrian Bukit Serdang<br />

43300 Seri Kembangan, Selangor, Malaysia<br />

ENDORSED/SUPPORTED BY<br />

Construction Industry Development Board (CIDB)<br />

Malaysian Institute of Architects (PAM)<br />

Architects Regional Council of Asia (ARCASIA)<br />

<strong>Building</strong> Materials Distributors Association of<br />

Malaysia (BMDAM)<br />

Malaysian Green <strong>Building</strong> Confederation (MGBC)<br />

Malaysia External Trade Development<br />

Corporation (MATRADE)<br />

Institute of Landscape Architects Malaysia (ILAM)<br />

This magazine and its contents are provided “as is” and “as available”, without warranty of any kind, implied,<br />

express or statutory. The Publisher does not warrant the accuracy, adequacy or completeness of the contents<br />

and expressly disclaims liability for errors or omissions in the contents. The content available in the magazine<br />

and its website represents the opinions and judgments of the respective information provider.<br />

4 <strong>Building</strong> & <strong>Investment</strong> | www.b-i.biz

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