Building Investment (September - October 2019)
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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