{"id":7542,"date":"2016-03-09T20:00:30","date_gmt":"2016-03-09T13:00:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-of-malaysias-leading-building-associations-make-a-green-pact\/"},"modified":"2016-03-11T12:15:45","modified_gmt":"2016-03-11T05:15:45","slug":"two-of-malaysias-leading-building-associations-make-a-green-pact","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-of-malaysias-leading-building-associations-make-a-green-pact\/","title":{"rendered":"Two of Malaysia\u2019s leading building associations make a green pact"},"content":{"rendered":"


\nCIDB and REHDA collaborate to promote sustainability
\nImage credit: Asiagreenbuildings.com
\nMalaysian developers are being urged to go green by adopting the sustainability rating tool Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST).
\nThis week, the Construction Industry Development Board (CIDB) Malaysia\u00a0and the Real Estate And Housing Developers\u2019 Association (REHDA) Malaysia entered signed a Memorandum of Collaboration (MoC) to promote low-carbon and sustainable practices as well as to increase the deployment of the MyCREST tool amongst developers and construction industry players in Malaysia.
\nThe signing ceremony was represented by Ir Ahmad \u2018Asri Abdul Hamid, chief executive of CIDB Malaysia and Dato\u2019 Ir Soam Heng Choon, deputy president of REHDA.
\nSpeaking at the event held at Wisma REHDA, Datuk Rosnah Binti Haji Abdul Rashid Shirlin, the Deputy Minister of Works said: \u201cThe Government is committed to growing the economy in a resilient, low-carbon, resource-efficient and socially-inclusive manner. This is in line with our sustainability goals under the 11th Malaysia Plan and it is essential for us to engage the private sector as key influencers to ensure low-emission developments.\u201d
\nMore: Asia gets a green star in global sustainability benchmark
\nShe added that the collaboration between CIDB and REHDA would be an example of how the private and public sector could work together to push the government\u2019s green growth agenda.
\n\u201cBy encouraging the adoption of MyCREST, developers will consider green practices at all stages of their developments and mandate sustainable practices from a top-down approach. Ultimately, this will help to reduce the level of carbon emissions generated by the construction industry in Malaysia.\u201d
\nMyCREST is a sustainability rating tool introduced by the Ministry of Works through the Public Works Department (JKR) and CIDB, which aims to quantify and reduce carbon emissions in the construction sector. Through the adoption of MyCREST, industry players including developers will be guided to incorporate greater environmentally sustainable practices in their projects.
\nREHDA members including its Sabah and Sarawak associates have pledged 20 of their projects to be assessed with MyCREST as part of the pilot programme to promote sustainable development of Malaysia\u2019s cities, buildings and homes. Some of the projects include S P Setia Berhad\u2019s corporate headquarters in Setia Alam, IJM Land\u2019s Waterside Residence in Penang as well as Damansara Uptown One\u2019s Uptown 1 project in Petaling Jaya.
\nMore: How sustainability will drive Asian markets to succeed in a greener future
\nDatuk Rosnah further explained that the collaboration between CIDB and REHDA would stimulate greater focus on sustainability and encourage the construction of more green developments in the country.
\n\u201cOne of the pressing challenges that need\u00a0to be addressed is the lack of compliance to sustainability standards in Malaysia. In fact, less than 2 percent of buildings and infrastructures in Malaysia are rated with a sustainability tool. We believe that the level of carbon emissions from developments can be quantified and reduced if the take-up rate is higher,\u201d she said.
\nAs part of the collaboration, CIDB and REHDA will initiate regular awareness programmes to increase the understanding of the MyCREST green rating tools among developers and key industry players.
\nGreenRE, a wholly owned green initiative by REHDA, will also organise training sessions on a quarterly basis to provide accreditation to qualified green rating professionals. Furthermore, the collaboration also seeks for greater exchange of expertise and knowledge on sustainability between CIDB and REHDA.
\nThe full story was originally published on PropertyGuru.com.my on 9 March 2016.
\n
\nSource : property-report.com
\nRead more…Two of Malaysia\u2019s leading building associations make a green pact<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CIDB and REHDA collaborate to promote sustainability Image credit: Asiagreenbuildings.com Malaysian developers are being urged...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-7542","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1XE","jetpack-related-posts":[{"id":26862,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/malaysias-developer-lending-scheme-market-saviour-or-crisis-bringer\/","url_meta":{"origin":7542,"position":0},"title":"Malaysia\u2019s developer lending scheme: market saviour or crisis bringer?","date":"September 22, 2016","format":false,"excerpt":"\r Analysts and lawmakers are split over a proposal to licence developers as money lenders Sunrise in Kuala Lumpur. jamesteohart \/ Shutterstock As more and more units linger on the market, the Malaysian government is in the midst of passing a potentially seminal policy that could either unburden the property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overwhelming-response-seen-at-malaysia-property-show\/","url_meta":{"origin":7542,"position":1},"title":"Overwhelming response seen at Malaysia Property Show","date":"September 23, 2016","format":false,"excerpt":"\r Singapore-based buyers and investors had the opportunity to interact with Malaysian developers at the show. 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