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  • Members Handbook

    REAL ESTATE AND HOUSING DEVELOPERS ASSOCIATION MALAYSIA

    WISMA REHDA

    NO.2C, JALAN SS5D/6

    KELANA JAYA

    47301 PETALING JAYA

    Tel: 03-7803 2978

    Fax: 03-7803 5285

    E-mail: [email protected]

    Website: www.rehda.com

  • Copyright 2014 by REHDA Malaysia

    All rights reserved. This book or any portion thereof

    may not be reproduced or used in any manner whatsoever

    without the expressed written permission of the publisher

    Printed in Malaysia

    First Printing, 2014

    Real Estate and Housing Developers Association Malaysia,

    Wisma REHDA,

    No.2C, Jalan SS5D/6

    Kelana Jaya

    47301 Petaling Jaya, Selangor

    www.rehda.com

    Disclaimer:

    This handbook serves only as a guide to members of REHDA. Whilst every effort was made to ensure

    that the information in this book was correct at printing time, members are advised to refer to the

    source of the information stated. The Association shall not be held liable for any loss/damages

    incurred due to the use of information provided in this Members Handbook.

  • TABLE OF CONTENTS

    FOREWORD BY PRESIDENT

    PART 1 INFORMATION ON THE HOUSING AND PROPERTY INDUSTRY

    Acts Governing the Housing and Property Industry

    Legal Obligations of a Housing Developer

    Licensing

    Key Statistics A Quick Guide

    PART 2 REHDA MALAYSIA

    Past Presidents of REHDA Malaysia

    About REHDA Malaysia

    Code of Ethics

    Organisation Structure

    Annual Delegates Conference (ADC)

    National Council and Exco

    REHDA Branches

    REHDA Working Committees & Task Force

    REHDA Secretariat

    REHDA Youth

    REHDA Institute

    GreenRE Sdn Bhd

    REHDAs Milestone

    REHDAs Engagement

    REHDA Headquarters Wisma REHDA

    REHDAs Yearly General Calendar

    REHDAs Policy Statements

  • PART 3 MEMBERSHIP

    Types of Membership

    Becoming a REHDA Member

    Members Benefits

    Whats Inside the Membership Package

    Exclusive Rates Only for Members

    Activities Organised For Members

    Future Members Benefits

    USEFUL CONTACTS

    REHDA Secretariat

    REHDA Branches

    REHDA Institute

    REHDA Youth

    GreenRE Sdn Bhd

  • FOREWORD BY PRESIDENT

    Dear REHDA Members,

    It is with great pleasure that I present to you our very own REHDA Members Handbook, a handy guide packed with information that a member needs to know about the Association and its membership. As a REHDA member, you are part of an exclusive network of like minded industry players at the forefront of the real estate and housing development business. Since its founding in 1970, REHDA has gone to great lengths to advocate and lobby for and on behalf of its

    members while striving to protect and safeguard its rights on an equitable and fair basis. It also exists to ensure that other stakeholders interests are also taken into account in line with democratic practices and the principles as enshrined in the Malaysian constitution. With this Handbook, we hope all members especially the newer ones, will have a better understanding of the Association which include its organisation structure, benefits of being a member, our industry presence, REHDAs stand on industry issues and policies, our activities and our aspiration. In addition, the Handbook also provides important industry information for members quick referral and acts as a guideline on industry matters. All acts governing the housing and property industry are also listed for the reference of members. We hope that this Handbook would provide a comprehensive guide for the benefit of all REHDA members and while compliance with the various Government legislations and regulations is imperative, members must adopt best practices and be socially, environmentally and economically sustainable. We would urge members to continuously uphold the integrity of the Association and to walk the talk of being a Responsible, Responsive, Respected and a Relevant NGO. I would like to place on record my utmost gratitude to the Membership Taskforce, led by Yang Berbahagia Dato Ricque Liew and the rest of the members, Datuk Hj Muztaza Hj Mohamad, Datuk NK Tong, Dato Sekarnor Che Omar, Mr Teh Boon Ghee, Dr Lee Ville, Mr Wong Wen Chet, Mr Ng Boon Chan and the secretariat support staff for their ideas and contribution, relentless hard work and commitment in making this Handbook a reality for without them the publication of this Handbook may not have materialised. Finally I pray that REHDA members would find this Handbook interesting reading and a good reference as your organisation gets on with enriching peoples lives and the business of nation building. With best wishes and salam sejathera. REAL ESTATE AND HOUSING DEVELOPERS ASSSOCIATION MALAYSIA Datuk Seri Michael KC Yam, SMW, DSNS President, 2010 2014

  • PART 1

    INFORMATION ON

    THE HOUSING

    AND

    PROPERTY INDUSTRY

  • ACTS GOVERNING THE HOUSING AND PROPERTY INDUSTRY

    Ministry of Urban Wellbeing, Housing and Local Government

    Federal Territory (Planning) Act 1982 (Act 267) Housing Development (Control & Licensing) Act 1966 (Act 118) Housing Development (Control & Licensing) Regulations 1989 Housing Development (Housing Development Account) Regulations 1991 Housing Development (Tribunal for Homebuyers Claims) Regulations 2002 Housing Development (Compounding of Offences) Regulations 2002 Local Government Act 1976 (Act 171) Solid Waste and Public Cleansing Management Act 2007 (Act 672) Solid Waste and Public Cleansing Management Corporation Act 2007 (Act 673) Strata Management Act 2013 (Act 757) replacing Building and Common Property

    (Maintenance & Management) Act 2007 (Act 663) Street, Drainage and Building Act 1974 (Act 133) Town and Country Planning Act 1976 (Act 172) Uniform Building By-Laws 1984

    Ministry of Natural Resources & Environment

    Drainage Works Act 1954 (Act 354)

    Environmental Quality Act 1974 (Act 127)

    Federal Land Commissioner Act 1957 (Act 349)

    Irrigation Areas Act 1953 (Act 386)

    Land Acquisition Act 1960 (Act 486)

    Land Conservation Act 1960 (Act 385)

    Licensed Land Surveyors Act 1958 (Act 458)

    National Land Code 1965 (Act 65)

    Strata Titles Act 1985 (Act 318)

    Ministry of Energy, Green Technology and Water

    Electricity Supply Act 1990 (Act 447)

    Energy Commission Act 2001 (Act 610)

    Water Services Industry Act (WSIA) 2006 (Act 655)

    Water Services Industry (Water Reticulation and Plumbing) Rules 2014

    Water Services Industry (Water Services Deposits, Fees and Charges) Regulations 2014

    Other Related Legislations

    Architects Act 1967 (Act 117)

    Communications and Multimedia Act 1998 (Act 588)

    Companies Act 1965 (Act 125)

    Construction Industry Development Board Act 1994 (Act 520)

    1 - 1

  • Contracts Act 1950 (Act 136)

    Income Tax Act 1967 (Revised 1971) (Act 53)

    Malaysia Communications and Multimedia Commission Act 1998 (Act 589)

    National Land Rehabilitation and Consolidation Authority Act 1997 (Act 570)

    Occupational Safety and Health Act 1994 (Act 514)

    Real Property Gains Tax Act 1976 ( Act 169)

    Registration of Engineers Act 1967 (Act 138)

    Stamp Act 1949 (Act 378)

    Town Planners Act 1995 (Act 538)

    Valuers, Appraisers and Estate Agents Act 1981 (Act 242)

    LEGAL OBLIGATIONS OF A HOUSING DEVELOPER

    Housing development in Malaysia is governed by the Ministry of Urban Wellbeing, Housing

    and Local Government (KPKT) which is responsible for planning, coordinating, and

    implementing comprehensive housing programmes and policies to ensure provision of

    adequate affordable housing to the nation in a sustainable manner.

    A housing developer is defined as any person, body of persons, company, firm or society

    (by whatever name described), who or which engages in or carries on or undertakes or

    causes to be undertaken a housing development, and in a case where the housing developer

    is under liquidation, includes a person or body appointed by a court of competent

    jurisdiction to be the provisional liquidator or liquidator for the housing developer.

    A housing development means to develop or construct or cause to be constructed in any

    manner whatsoever more than four units of housing accommodation and includes the

    collection of moneys or the carrying on of any building operations for the purpose of

    erecting housing accommodation in, on, over or under any land; or the sale of more than

    four lots of land or building lots with the view of constructing more than four units of

    housing accommodation.

    [Source: Housing Development (Control And Licensing) Act 1966 (Act 118)]

    A housing developer needs to obtain a developers licence from KPKT as provided for under

    Section 5 of the Housing Development (Control And Licensing) Act 1966 (Act 118).

    1 - 2

  • LICENSING

    Licensing of Housing Developers

    Under Section 6 of the Housing Development (Control and Licensing) Act 1966, the conditions or

    restrictions for the grant of a licence are:

    Paid up capital of not less than RM250,000

    Deposit of not less than RM200,000 with the Controller (until after the expiry of the defects

    liability period).

    The Applicant has not been convicted of an offence involving fraud.

    The Applicant is not a bankrupt.

    The Applicant has not been convicted for an offence under this Act and fined exceeding RM

    10,000 or imprisonment.

    The Applicant is not a director of a licenced housing developer which has been wound up by a

    court.

    Business Licensing Electronic Support System (BLESS)

    The types of online applications for housing development which can be done through BLESS

    include:

    (a) Registration of housing developers

    (b) Housing developers license

    (c) Advertising and sales permit

    (d) Renewal of housing developers license

    (e) Renewal of advertising and sales permit

    (f) Submission of progress report (Form 7F)

    All housing developers are required to register with this portal. Registration is only done

    once. Each developer is required to have an e-mail to sign-up and register.

    Loghttp://www.bless.gov.my and follow the steps below to register with MyGov portal:

    1 - 3

  • 1 - 4

  • 1 - 5

    1 - 5

  • Documents to be Submitted When Applying for Developers License Under Regulation 3 of

    the Housing Development (Control And Licensing) Regulations 1989

    1. Application Form LR2/2007 (Refer to KPKT online services: www.malaysia.gov.my).

    2. Processing fee of RM50.00 made payable to the Housing Controller.

    3. Copy of Land Title documents.

    4. Official search certificate.

    5. Approval for land conversion / surrender and re-alienation / proposed housing scheme.

    6. Form 5A/7G of the National Code / Jadual III and complete payment receipts.

    7. Approval for sub-division and amalgamation and Form 9A/7D/9C of the National Land

    Code.

    8. Letter of approval for Planning Permission / Development Order from Local Authority

    (LA).

    9. Approved site / layout plan.

    10. Copy of approved pre-computation plan.

    11. Certification from the Board of Surveyors.

    12. Joint venture agreement between the landowner (if the land does not belong to the

    developer). This agreement must provide for the compliance of Regulation 5(5)(a),

    Regulation 10 and Regulation 11 of the Housing Development (Control and Licensing)

    1 - 6

  • Regulation 1989 or Form 14A of the National Land Code with stamp duty and

    assessment duly paid to indicate that the transfer of ownership is in process.

    13. Copy of the latest audited accounts or management accounts (for new companies).

    14. Statutory declaration in Form L2C with particular reference to para (f) Form L2C can be

    downloaded from http://ehome.kpkt.gov.my.

    15. Latest Form 49, Companies Act 1965.

    16. Form 24, Companies Act 1965 and the latest Form of Annual Return showing paid up

    capital in cash is not less than RM250,000.00.

    17. Cash flow statement of the project highlight total inflow, total outflow and surplus.

    18. Memorandum and Articles of Association or Certificate of Registration of Business or By-

    Laws of Association (stating the activity as a Housing Developer).

    19. Corporate structure which shows the status of the company/subsidiary/holding

    company/associate involved in housing development.

    Source: Ministry of Urban Wellbeing, Housing and Local Government

    Documents to be Submitted When Applying for Advertisement And Sales Permit Under

    Regulations 5 & 6 of the Housing Development (Control And Licensing) Regulations 1989

    1. Application Form LR3/2007 (Refer to KPKT online services: www.malaysia.gov.my).

    2. Processing fee of RM50.00 made payable to the Housing Controller.

    3. Approval letter for building plan from Local Authority (PBT).

    4. Valid approved building plan with validity date.

    5. Copy of Start Work Notice (Form B) - if building plan is already expired.

    6. Three (3) copies of the draft advertisement and other proposed advertisements.

    Brochure in Bahasa Malaysia is compulsory.

    7. The draft brochure must indicate the typical floor plan as well as the detailed

    measurements and specifications in Bahasa Malaysia.

    8. The statement ....subject to change... must be omitted from all advertisements.

    9. Price list of every unit of housing accommodation according to type.

    10. Confirmation of charges on land - whether or not it is charged to any financial

    institutions, or free from any charges.

    11. Approval letter on the pricing for low cost housing from the State Authority.

    1 - 7

  • Note:

    i. The drafts of brochure and other proposed advertisements must comply with

    Regulation 6 of the Housing Development (Control and Licensing) Regulations

    1989, clearly stating:-

    a) the housing developers license number and validity date;

    b) the advertisement and sale permit number and validity date;

    c) the name and address of the licensed housing developer and his

    authorized agent, power of attorney holder of project management

    company if any, as approved by the Controller;

    d) the tenure of the land, if the land is leasehold, its expiry date, restriction

    in interest and encumbrances, if any, to which the land is subject;

    e) the description of the proposed housing accommodation;

    ea) any parking lot which is an accessory parcel to the housing

    accommodation in a parcel and which does not form part of the common

    property of the accommodation;

    f) the name of the housing development, if any;

    g) the expected date of completion of the proposed housing development;

    h) the selling price of each type of housing accommodation;

    ha) where applicable, the minimum and maximum selling price of each type

    of housing accommodation;

    i) the number of units of each type available; and

    j) the name of the Appropriate Authority approving the building plans and

    the reference number.

    Source: Ministry of Urban Wellbeing, Housing and Local Government Note : Information is correct as at the time of printing.

    Duties of a Licensed Housing Developer Under Section 7, Housing Development (Control

    And Licensing) Act 1966

    A licensed housing developer shall:-

    1. Within four weeks of the making of any alterations in or to any of the documents

    submitted to the Controller under section 5 (3) furnish to the Controller written

    particulars of the alterations;

    1 - 8

  • 2. Exhibit at all times in a conspicuous position in any office and branch office of the

    licensed housing developer and at any other place where a sale of housing

    accommodation is conducted, a copy of his licence, advertisement and sale permit and a

    copy of his last audited balance sheet as soon as the same is available and such

    information as the present or former full name, usual residential address, nationality,

    nationality of origin (where the present nationality is not of that origin), business or

    occupation (if any) of each person who has the control and management of the business

    of the licensed housing developer and particulars of any other directorship held by that

    person;

    3. Keep or cause to be kept in his office in West Malaysia such accounting and other

    records as will sufficiently explain the transactions and the financial position of the

    licensed housing developer and enable true and fair profit and loss accounts and

    balance-sheets and any documents required to be attached thereto to be prepared from

    time to time, and shall cause these records to be kept in such manner as to enable them

    to be conveniently and properly audited;

    4. Every year appoint an auditor or auditors in the manner required under section 9;

    5. Within six months after the close of the financial year of the licensed housing developer

    in question send to the Controller and also publish in the Gazette a copy of the report of

    the auditor prepared under section 9 together with a copy of his balance-sheet and

    profit and loss account;

    6. Not later than the 21st day of January and the 21st day of July of each year or at such

    frequency as may be determined by the Controller from time to time or upon the

    request of the Controller, send to the Controller a correct and complete statement in

    writing made on oath or affirmation, in such form and containing such information as

    the Controller may from time to time determine, on the progress of the housing

    development which the housing developer is engaged in, carries on or undertakes or

    cause to be undertaken until certificate of completion and compliance have been issued

    for all the housing accommodation in that housing development;

    7. Where he considers that he is likely to become unable to meet his obligations to the

    purchasers at any stage of the housing development before the issuance of the

    certificate of completion and compliance, forthwith inform the Controller of such fact;

    1 - 9

  • 8. Undertake the following:-

    i. within twenty-one days from the date of receipt by the housing developer of the

    certificate of completion and compliance, submit such certificate to the

    Controller; and

    ii. within twenty-one days after the date of handing over of vacant possession to

    the first purchaser of the housing accommodation in the housing development,

    inform the Controller in writing of the handing over;

    9. Inform the Controller of any refusal in the issuance of certificate of completion and

    compliance;

    10. Ensure that the development of the housing accommodation has been carried out in

    accordance with any requirements prescribed under any law regulating buildings and

    has exercised all such diligence as may be required for the issuance of certificate of

    completion and compliance and for the issuance and transfer of the titles to the housing

    accommodation to purchasers; and

    11. Inform the Controller of the progress in the issuance of separate or strata titles for the

    housing accommodation and the transfer of such titles to the purchasers at such

    frequency as may be determined by the Controller beginning from the date of the

    handing over of vacant possession to the first purchaser of the housing accommodation

    in the housing development until separate or strata titles for all the housing

    accommodation have been issued.

    Source: Housing Development (Control and Licensing) Act 1966 (Act 118)

    One-Stop-Centre for Approval (OSC 3.0)

    1 - 10

  • 1 - 11

  • 2.1 APPLICANT

    2.15 APPLICANT

    2.6 ENGENEERING PLAN

    Engineering Department, PBT

    Structural Plan

    Earth Work Plan

    Road and Drainage Plan

    Street Lighting Plan

    Utility Reticulations Plan

    Detail Utility Plan

    1 - 12

  • 4.1 APPLICANT

    Deposit Notification for Interim Inspection

    1 - 13

  • 5.1 APPLICANT Submit request for clearances

    Testing and commissioning report submitted

    5.11 APPLICANT Receive clearance

    letters CCC

    6.1 APPLICANT Deposit 2 copies CCC &

    Form G within 14 days after CCC issues

    1 - 14

  • KEY STATISTICS A QUICK GUIDE

    MALAYSIA : ECONOMIC & DEMOGRAPHIC

    Year 2007 2008 2009 2010 2011 2012 2013 (e) 2014 (f)

    Population 27.2 27.9 27.9 28.3 29.0 29.3 29.7 30.1

    GDP Growth Rate

    6.3% 4.6% 5.9% 7.4% 5.1% 5.6% 4.5 5.0% 5.0 5.5%

    Construction Sector

    7.3% 4.2% 5.8% 11.4% 4.7% 18.1% 10.6% 9.6%

    Services 7.4% 10.2% 7.4% 7.4% 7.0% 6.4% 5.5% 5.7%

    Notes : (e)

    estimate (f)

    Forecast

    HOUSING STOCK (2007 2013)

    4,063,167

    4,193,150

    4,338,609

    4,446,085

    4,547,971 4,640,269

    4,718,534

    2007 2008 2009 2010 2011 2012 2013

    No. of Units

    Year No. of Units

    2007 4,063,167

    2008 4,193,150

    2009 4,338,609

    2010 4,446,085

    2011 4,547,971

    2012 4,640,269

    2013 4,718,534

    Source: Dept of Statistics, EPU

    1 - 15

  • TOTAL VOLUME AND VALUE OF PROPERTIES TRANSACTED BY SUB-SECTOR (2013)

    Types Number of Units Value (RM

    Million)

    Residential 246,225 72,060.41

    Agricultural 70,698 13,283.43

    Commercial 34,298 35,561.94

    Industrial 8,418 12,328.57

    Development Land 21,455 19,121.53

    Total 381,130 152,372.12

    Source: NAPIC

    VOLUME OF RESIDENTIAL TRANSACTIONS 2003 - 2013

    Source: NAPIC

    VALUE OF RESIDENTIAL TRANSACTIONS (RM MILLION) 2003 - 2013

    1 - 16

  • MALAYSIA HOUSE PRICE INDEX 2000 - 2013

    Source: NAPIC

    EXISTING STOCK, INCOMING SUPPLY AND PLANNED SUPPLY AS AT Q4 2013

    VALUE OF RESIDENTIAL TRANSACTIONS (RM MILLION) 2003 - 2013

    Source: NAPIC

    Source: NAPIC

    1 - 17

  • HOUSING APPROVALS AND APPLICATION OF NEW ADVERTISEMENT & SALE PERMITS

    Year Housing Approval

    Housing Sales and Advertising

    New Permits Renewals

    2006 130464 991 1676

    2007 115442 1011 1696

    2008 93784 820 1476

    2009 97716 921 1697

    2010 120801 1068 1519

    2011 159653 1240 1482

    2012 235249 1387 1849

    2013 177568 272* 424*

    Notes: * Data until March 2013 Source: Bank Negara Malaysia

    1 - 18

  • Year Construction (mil)

    Purchase of Residential Property (mil)

    Purchase of Non-Residential Property

    (mil)

    Real Estate (mil)

    Broad Property Sector (mil)

    2006 11,218.8 39,716.5 15,796.7 5,604.0 72,336.0

    2007 19,825.8 55,549.8 25,766.4 5,412.0 106,554.0

    2008 21,280.3 64,975.5 30,960.5 5,570.1 122,786.4

    2009 21,557.8 77,356.0 26,780.5 4,089.9 129,784.2

    2010 28,054.6 90,818.6 40,171.3 5,410.9 164,455.4

    2011 34,711.9 101,429.8 52,739.5 5,670.2 194,551.4

    2012 35,428.2 99,224.9 53,083.2 4,834.3 192,570.6

    2013 34,319.1 128,392.7 51,628.6 6,373.7 220,714.1

    0.0

    50,000.0

    100,000.0

    150,000.0

    200,000.0

    250,000.0

    2006 2007 2008 2009 2010 2011 2012 2013

    Broad PropertySector

    RM Mil

    Year

    0.0

    20,000.0

    40,000.0

    60,000.0

    80,000.0

    100,000.0

    120,000.0

    140,000.0

    2006 2007 2008 2009 2010 2011 2012 2013

    Construction

    Purchase ofResidentialProperty

    Purchase of Non-Residential

    Property

    Real Estate

    Year

    RM Mil

    Housing Advertisement & Sale Permit

    DIRECTION OF LENDING

    Source: Bank Negara Malaysia

    1 - 19

  • PART 2

    REHDA MALAYSIA Responsive. Respected. Responsible. Relevant

  • PAST PRESIDENTS OF REHDA MALAYSIA

    The Late Y Bhg Tan Sri Lee Yan Lian 1970 - 1972 The Late Y Bhg Tan Sri Dato (Dr) Teo Soo Cheng (Deceased) 1972 - 1974 Y Bhg Dato Tan Chin Nam JMN, SPMT 1974 1978 YAM Tunku Tan Sri Dato Osman Ahmad 1978 - 1982 Y Bhg Dato Seri Kee Yong Wee DPNS 1982 - 1986 Mr M K Sen 1986 - 1990 Y Bhg Dato Teo Chiang Kok DSSA 1990 - 1994 Mr Lawrence Chan Kek Tong JMN, KMN, SSA 1994 - 1998 Y Bhg Tan Sri Datuk Eddy Chen LokLoi PJN, DMSM 1998 2002 Y Bhg Dato Jeffrey Ng Tiong Lip DSPN 2002 - 2006 Y Bhg Datuk Ng SeingLiong PJN, JP 2006 - 2010 Y Bhg Datuk Seri Michael KC Yam SMW, DSNS 2010-2014

    2 - 1

  • ABOUT REHDA MALAYSIA

    REHDA Malaysia is an association of real estate and housing developers established on

    21May 1970. Formerly known as the Housing Developers Association (HDA), it was later

    renamed as the Real Estate and Housing Developers Association (REHDA) in 2000 to reflect

    members broad diversified portfolio which include residential, mixed township,

    commercial, shopping complexes, golf courses, hotels and other real estate developments.

    REHDA has since grown from strength to strength to position itself as a key partner in the

    nations socio economic development. From an association of 13 pioneer members, REHDA

    boasts a membership of over 1,000 developers today who are responsible for some 80% of

    the total real estate built. With 11 branches across the Peninsular Malaysia, REHDA is

    recognised as the leading representative body for private property developers at federal,

    state and local government levels. Throughout the years, REHDA members have contributed

    to the countrys property industry by building more than 4.6 mil housing units to date and

    contributed in excess of RM20 billion annually to Malaysias GDP, impacting 140 upstream

    and downstream industries.

    REHDA Malaysia continuously advocates to its members to adopt best practices in their

    business conducts and to adhere to REHDAs 4Rs tagline; to be a Responsive, Respected,

    Responsible and Relevant NGO.

    Our objectives are to:

    promote and coordinate the property development activities with a view towards

    contributing effectively to the economic development and improving the housing

    delivery system of the country;

    promote measures aimed at securing improvements pertaining to the techniques and

    methods of development;

    study issues and challenges confronting the industry and propose solutions to the

    authorities through the relevant ministries, departments and agencies; and

    2 - 2

  • protect and safeguard the legitimate interests of members, in particular, to dialogue

    with the government and its agencies on matters pertaining to policy, finance,

    legislation, technical standards and administrative procedures, affecting the

    development activities.

    Code of Ethics

    Members of REHDA shall adhere to the Associations Code of Ethics:

    That it shall be known to all men that members of REHDA Malaysia are distinct by their

    integrity, reliability and fairness, this Code of Ethics shall serve to guide and inspire all

    developers to faithfully honour as well as observe the principles hereinafter stated:

    To act in accordance with the rules and constitution of REHDA Malaysia;

    To uphold at all times the dignity and reputation of REHDA Malaysia;

    To be guided at all times in dealings with clients, fellow developers and others by a

    sense of honour, fairness, propriety and mutual respect; and

    To strive for excellence in the daily conduct of ones business as well as maintain the

    dignity of the real estate and housing industry.

    In cognizance and support of the nobility and worthiness of the above mentioned principles

    we hereby set our hand in testimony.

    2 - 3

  • Organisation Structure

    Annual Delegates Conference (ADC) The supreme authority of the Association is vested in the Delegates Conference which is

    held once a year, known as the Annual Delegates Conference (ADC). The Associations

    activities and financial statement for the past one year is tabled for members information

    and discussion at the ADC. Delegates to the ADC comprise the National Council and Branch

    delegates, whom are duly elected at the respective Branches Annual General Meetings

    (AGM).

    National Council and EXCO

    The Association is spearheaded by its National Council that comprises an Executive

    Committee (EXCO), State Branch Chairmen and elected Council Members. Election of

    REHDA National Council is carried out every 2 years at alternate ADC.

    The National Council of REHDA is very active in engaging the Federal and State governments

    and their relevant agencies in meetings and dialogue sessions to channel members

    feedback and promote better policies and problems resolutions in various areas concerning

    the industry.

    2 - 4

  • REHDA Branches

    REHDA has 11 branches representing 12 states nationwide. Each Branch is led by a State

    Branch Chairman and the Branch affairs are managed by a team of elected committee

    members.

    REHDA Working Committees and Task Force

    Macro Policies and Legislation Committee

    Study and provide feedback on proposed/amendments to laws and regulations,

    policies and guidelines

    Participate in dialogues, consultation and meetings and make representation to the

    Government and other agencies/authorities

    Interact with other professional and related groups

    Economic Affairs Committee

    Study the developments in the macro-economic environment, monitor all financial

    issues, assess their impact on the property sector and make representation to the

    relevant Government agencies

    2 - 5

  • Infrastructure, Utilities and Environment Committee

    Monitor developments in utilities requirements including electricity, water,

    telecommunications, drainage, sewerage, and etc

    Study and provide feedback on any proposed new and amendments in policies,

    legislations, guidelines, standards related to infrastructure, utilities and environment

    Planning Policies and Standards Committee

    Monitor developments in planning policies and standards

    Study and provide feedback on any proposed new and/or amendments to

    legislations, policies, guidelines, and standards related to planning

    Construction Technology and Labour Committee

    Monitor the developments and applications of construction technologies including

    Industrialised Building System (IBS), technical standards and labour requirements

    Study and provide feedback on any proposed new and/or amendments to

    legislations, policies, guidelines, standards related to construction technology,

    labour, technical requirements and building materials

    Finance and Investment Committee

    Formulate and execute investment policy for most effective management of the

    Associations assets and funds

    Building Committee

    Construction and maintenance of Wisma REHDA

    Membership, Practice and Discipline Committee

    Review and approve REHDA membership applications

    Ensure members adhere to good governance, conduct and practice of the property

    industry

    MAPEX Committee

    Organise the Associations bi-annual property exposition, Malaysia Property

    Exposition (MAPEX)

    2 - 6

  • Communications, Public Relations and Publication Committee

    Promote and enhanced branding and image of the Association

    Participate in media dialogues, discussions and interviews

    Communicate REHDAs standpoints on current issues affecting the property industry

    Undertake publications of newsletter, directory, management diary and others

    Events, Sports and Recreation Committee

    Organise social and recreational activities to foster closer relationship amongst

    members and build rapport with Government agencies and other

    associations/industry players

    International Affairs Committee

    Build rapport with international organisations

    Host visiting foreign delegations

    Task Force

    Accounting and Taxation

    Home Insurance Scheme

    REHDA Membership Value Proposition

    All members are strongly encouraged to be actively involved in any of these working

    Committees. We value your contribution and views and you will definitely have a great

    experience working with the Committees.

    REHDA Secretariat

    The operation and administration of the Association is supported by a team of efficient and

    able Secretariat based at REHDA Headquarters in Petaling Jaya. REHDA Branches are

    supported by the Branch Secretariats of the respective state. \

    2 - 7

  • REHDA Youth

    As part of REHDAs succession planning in bringing together future captains of the industry,

    the youth wing of REHDA REHDA Youth was established in 2010. With core focus on

    promoting green developments and undertaking Corporate Social Responsibility (CSR)

    activities, REHDA Youths active involvement is fast gaining recognition from the industry

    and the community.

    REHDA Youth membership is open to members aged below 40 years old. Participation in

    REHDA Youth provides the younger executives of member companies to network among

    their peers and focus on specific agenda as they prepare to be future industry leaders.

    Amongst the programmes organised by REHDA Youth for its members are:

    International and Malaysias Green Tour

    Charity events Movie Nights, A Laugh for Charity and blood donation campaign

    Award Winning Development Tour Series

    Show + Tell Series

    Bowling Tournament

    Golf Tournament

    Study Tour

    For more information on REHDA Youth, please visit www.rehdayouth.com.

    2 - 8

  • REHDA Institute

    Research, training and education initiatives are one of REHDA Malaysias many key

    portfolios. With that in mind, REHDA Institute was formed on 12 July 2004 to address the

    industrys increased needs for training and research and sharing of knowledge among

    members.

    As the research and education arm of the Association, REHDA Institute regularly organises

    seminars, workshops and conferences of various topics and subject matters for members

    and industry players to encourage continued professional development amongst industry

    players. Conducted by experts in their respective fields, these sessions are held mostly at

    Wisma REHDA. However, regional sessions are also held for key topics affecting members

    business operation.

    Some of REHDA Institute past topics include:

    No Examples of Key Topics

    1. Strata Titles Acts and Strata Management Act & Regulations

    2. GST Workshops

    3. Structuring Successful Property Joint Ventures

    4. Qlassic: Understanding Implementation and How to Improve Rating

    5. Tribunal on Homebuyer Claims

    6. Green Building Design and Development: The Total Building Approach

    7. Housing Laws

    8. Property Market Analysis

    9. Personal Data Protection Act

    10. Optimising Building Designs Using Computer Simulations

    11. Conducting Feasibility for Real Estate Development

    12. Understanding Labour Laws and Issues

    13. Property Market Outlook

    14. Successful Management of Property Development Projects

    15. Real Estate Marketing

    16. Tax Planning

    17. CEO Real Estate Forum

    18. Land Laws

    2 - 9

  • REHDA Institute undertakes research work and papers on various issues concerning the

    industry. Packed with valuable information, proposals and ideas, the research work carried

    out forms the basis of REHDAs representation with the Authorities.

    The Institute also conducts half-yearly Property Industry Survey, a widely recognised

    barometer of the health of the property industry. Findings from the Survey are presented at

    a Media Briefing, an event that is much anticipated and well received by the media in

    obtaining insight into the current trends and issues of the property industry.

    The Institute also disseminates weekly news alerts to all members to keep them abreast of

    the latest property related news. In addition, regular Industry Updates are also

    communicated to members to notify them of the latest changes in industry policies,

    guidelines or practices.

    For more information on REHDA Institute and training calendar, log on to

    www.rehdainstitute.com

    2 - 10

  • GreenRE Sdn Bhd

    GreenRE is a newly established green rating tool by REHDA, a testimony of the Associations

    noble intent to promote sustainable development. Officially launched by YB Tan Sri Peter

    Chin Fah Kui, the then Minister of Energy, Green Technology and Water (KeTTHA) on 22

    March 2013, GreenRE incorporates internationally recognised best practices to provide the

    industry with a more efficient and practical green rating tool. It is aimed at promoting

    greater adoption of green practice and technology amongst the industry players and offers

    practical and efficient solutions to green certification at affordable costs to the industry.

    Assessment Criteria

    GreenRE standard tool of assessing a buildings performance is based on the following key

    criteria:

    a) Energy Efficiency

    Focuses on the approach that can be used in the building design and system selection to

    optimise the energy efficiency of the buildings.

    b) Water Efficiency

    Focuses on the selection of water use efficiency during construction and when buildings

    are in operation.

    c) Environmental Protection

    Focuses on the design, practices and selection of materials and resources that would

    reduce the environmental impacts of built structures.

    d) Indoor Environmental Quality

    Focuses on the design strategies that would enhance the indoor environmental quality

    which includes air quality, thermal comfort, acoustic control and day lighting.

    e) Other Green Features

    Focuses on the adoption of green practises and new technologies that are innovative

    and have potential environment benefits.

    f) Carbon Emission of Development

    Focuses on the use of carbon calculator to calculate the carbon emission of the

    development.

    2 - 11

  • Achieving GreenRE Award

    In line with promoting green practice in the industry, REHDA members are strongly

    encouraged to adopt GreenRE rating tool, an affordable and user friendly standard

    developed for stakeholders in the property industry. Achieving GreenREs award rating is

    simple. Read on to find out how you can implement GreenRE rating tool in your next

    development project.

    Credit Allocation

    Rating Score

    Platinum 90 and above

    Gold 85 to < 90

    Silver 75 to < 85

    Bronze 50 to < 75

    GreenRE Award Rating

    2 - 12

  • Certification Process

    GreenRE Managers Course

    Other than providing green rating tool, GreenRE also offers the GreenRE Managers Course,

    a certified course to recognise professionals who have attained good foundation and

    knowledge, and has the professional ability to give advice in the designing of environmental-

    friendly buildings. The certificate envisions a competent professional or technical individual

    who possesses the right knowledge and skills to participate in the design process, encourage

    an integrated design and facilitate the GreenRE Certification.

    For more information on GreenRE, please visit www.greenre.org.

    2 - 13

  • REHDAS MILESTONES

    In response to the Asian Financial Crisis 1997, REHDA played a substantial role in significantly

    reducing property overhang via the Home Ownership Campaign I and II.

    REHDA was entrusted by the Government to implement the Stamp Duty Waiver on

    properties to boost the economy from 1998-2002.

    The Government responded positively to REHDAs (then known as HDA) call to rescind the

    Sewerage Contribution Charge in 1999, after 4 years of untiring representation.

    The National Property Information Centre was formed following calls for its establishment

    by REHDA.

    Changed its logo color and was renamed the Real Estate and Housing Developers

    Association (REHDA) Malaysia in 2000 to better reflect its members diversified portfolio.

    REHDA organized the first nationwide annual property show, under the signature of

    Malaysia Property Exposition (MAPEX) in year 2000.

    Establishment of REHDA Institute in 2004 to address the industrys needs for training and

    research and sharing of knowledge among members.

    REHDA spearheaded the Service Level Agreement with the national electricity provider to

    ensure timely delivery of electricity to development projects.

    REHDA Institute was assigned by the Performance Management Delivery Unit (PEMANDU)

    of the Prime Ministers Department in 2010 to conduct a Property Development Lab to

    improve Malaysias ranking in doing business.

    Took part in various discussions to provide feedback to the relevant agencies and ministries

    in the establishment/review of pertinent Acts and Legislations, some of which have been

    taken heed of.

    Responsible for the deferment of the implementation of the International Financial

    Reporting Interpretations Committee 15 (IFRIC 15) Agreements for the Construction of Real

    Estate.

    Spearheaded the establishment of the Asia Real Estate Developers Council (ASREDCO) in

    2012.

    The completion of its new headquarters, Wisma REHDA in April 2012. The 3 storey office

    building is partly funded through fund raising among members and industry partners.

    Established an alternative green rating tool, GreenRE in 2013 to promote the development

    of a more sustainable and liveable built environment and in response to the growing needs

    for green development.

    2 - 14

  • REHDAS ENGAGEMENT

    REHDA has earned much recognition from the industry and the government owing to its

    vast contributions in improving the housing delivery system of the country. The REHDA

    National Council and its various committees are constantly engaged by various Ministries

    and Government agencies in numerous meetings, discussion sessions, workshops, labs, and

    etc to discuss, debate and provide feedback on wide industry issues such as:

    One-Stop-Centre (OSC) National Housing Policy

    Build-Then-Sell Delivery System Abandoned Housing Projects

    Affordable Housing Low Cost Housing

    Amendments to various Acts pertinent to

    the industry

    Construction Industry Development

    Board (CIDB) Act

    Construction Industry Payment and

    Adjudication Act (CIPAA)

    International Financial Reporting

    Interpretation Committee (IFRIC)

    Goods and Services Tax (GST)

    REHDA representation in dialogues with Government panels, committees and related

    bodies are as follows:

    1. Prime Ministers Department

    Economic Planning Unit (EPU)

    Performance Management and Delivery Unit (PEMANDU)

    Special Task Force to Facilitate Business (PEMUDAH)

    Focus Group on Registering of Property (MPC / PEMUDAH)

    2. Ministry of Domestic Trade, Cooperative and Consumerism

    PEMANDU NKEA Wholesale & Retail Steering Committee

    Annual Dialogue

    3. Ministry of Energy, Green Technology and Water (KeTTHA)

    Energy Commission (EC)

    National Water Services Commission (SPAN)

    2 - 15

  • Sewerage Services Department (JPP)

    Sustainable Energy Development Authority Malaysia (SEDA)

    4. Ministry of Finance

    Annual Budget Consultation

    Bank Negara Malaysia

    National Institute of Valuation (INSPEN)

    National Property Information Centre (NAPIC)

    Treasury Housing Loan Division

    Inland Revenue Board of Malaysia (IRB)

    Royal Malaysian Customs

    5. Ministry of Home Affairs

    Malaysian Crime Prevention Foundation (MCPF)

    6. Ministry of Urban Wellbeing, Housing and Local Government

    Local Government Department

    Federal Department of Town and Country Planning (JPBD)

    National Housing Department (JPN):

    - Labs and Workshops on Amendments to the Housing Development (Control

    and Licensing) Act 1966 (Act 118) & Regulations

    - Labs and Workshops on Strata Management Act& Regulations

    Special Task Force to Revive Abandoned Housing Projects:

    - Working Group on Rehabilitation, Revival and Monitoring of Abandoned

    Housing

    - Working Group on Legislation, Enforcement and Monitoring

    - Working Group to Review the National Housing Policy and Direction of the

    Housing Industry

    2 - 16

  • Special Task Force for the Implementation of Initiatives by the Property

    Development Lab

    National Solid Waste Management Department (JBSPN)

    National Housing Committee (JPEN)

    Focus Group and Technical Working Group on 11th Malaysia Plan

    7. Ministry of Information, Communications, Art and Culture

    Malaysian Communications and Multimedia Commission

    8. Ministry of Human Resources

    Department of Occupational Safety and Health

    9. Ministry of International Trade and Industry (MITI)

    Annual Dialogue

    Malaysian Productivity Corporation (MPC)

    SME Corporation Malaysia (SME Corp)

    10. Ministry of Natural Resources and Environment

    Department of Environment (DoE)

    Department of Irrigation and Drainage (JPS)

    Department of Director General of Lands and Mines (JKPTG)

    Labs and Workshops on Amendments to Strata Titles Act

    Labs and Workshops on Amendments to National Land Code

    11. Ministry of Science, Technology and Innovations

    Standards and Industrial Research Institute of Malaysia (SIRIM)

    2 - 17

  • 12. Ministry of Works

    Construction Industry Development Board (CIDB)

    - CIDB Board

    - Construction Research Institute of Malaysia (CREAM)

    - Construction Labour Exchange Centre Bhd (CLAB) Board and Advisory Board

    - Various CIDB Committees and Working Groups

    13. Private Sector Utilities and Infrastructure

    Indah Water Consortium (IWK)

    Tenaga Nasional Berhad (TNB)

    TM Berhad (TM)

    Water Concessionaries

    Others

    14. Professional and Regional Bodies

    Local :

    Building Industry Presidents Council (BIPC)

    Building Management Association of Malaysia (BMAM)

    Malaysian Developers Council (MDC)

    Malaysia Green Building Confederation (MGBC)

    Malaysia Property Incorporated

    Internationally :

    ASEAN Association for Planning and Housing (AAPH)

    Eastern Regional Organisation for Planning Human Settlements (EAROPH),

    Malaysian Chapter

    International Real Estate Federation (FIABCI), Malaysian Chapter

    Asia Real Estate and Developers Council (ASREDCO)

    2 - 18

  • REHDA HEADQUARTERS WISMA REHDA

    The successful completion of the new REHDA Headquarters in 2012WismaREHDA bears

    testimony to the strength and pride of REHDA. The building has adopted green technologies

    and eco-friendly features in its development, in line with REHDAs agenda in spearheading

    efforts towards promoting sustainable development. Wisma REHDA is a certified green

    building equipped with state of the art facilities that encapsulate REHDAs commitment in

    leading a quality, knowledgeable and sustainable industry.

    Eco Friendly Features of Wisma REHDA

    Ventilation Block Wall a cooling system to the building and protects the building interior

    from the scorching tropical heat. It allows cross ventilation and natural lighting into the

    building, thereby reducing electricity consumption. The ventilation block wall is also

    economical as it does not need painting or plastering.

    Photovoltaic (PV) Technology works to generate electricity and designed for the capacity

    of 60kW which is equivalent to 20% power supply for the building. It produces neither air

    pollution nor hazardous waste to convert sunlight into electricity.

    Rain Water Harvesting System to collect rainwater from the roof for watering and cleaning

    purposes which helps reduce water consumption.

    2 - 19

  • Water Feature located at the main entrance to bring a calming and tranquil effect to the

    building. The water also helps towards lowering the temperature of the surrounding area.

    Landscaping plays an integral part of the building with greenery surrounding the building as

    well as a mini roof top garden located on the first floor.

    Facilities of Wisma REHDA

    The-state-of-the-art green Wisma REHDA is well equipped with a wide range of facilities

    which include an auditorium, seminar/training rooms, resource centre, meeting rooms,

    offices, boardroom, a grand atrium, a mini gym, members lounge, ample parking spaces to

    facilitate members and industry activities.

    Landscaping

    Water Feature

    Ventilation Block Wall

    Solar Panel & Rain Water

    Harvesting System

    2 - 20

  • Room Capacity Chart

    Rooms Banquet Cocktail Theatre Classroom Boardroom U-Shape

    Lecture Room 1 60 55 78 42 30 24

    Lecture Room 2 40 30 60 36 20 24

    Lecture Room 3 40 30 60 36 20 24

    Lecture Room 4 / VIP Holding Room

    40 30 60 36 20 24

    Auditorium 240 300 400 200 - -

    All members of REHDA are strongly encouraged to make use of these facilities which are

    available for rental at very minimal rate. For further enquiries, kindly contact REHDA

    Secretariat at 03-7803 2978.

    Auditorium

    Meeting Room Atrium

    Auditorium

    Members Lounge

    2 - 21

  • REHDAS YEARLY GENERAL CALENDAR

    Throughout the year, the Working Committees of REHDA Malaysia actively organise various

    interesting programme and events for members, some of which include:

    EVENT MONTH

    Annual New Year Open House Dinner January

    Media Briefing February and September

    MAPEX National Level

    States Level : Kedah / Perlis Penang Perak Selangor Negeri Sembilan Melaka Johor Pahang Kelantan

    April and October

    May / June

    1 2 times a year June

    March April / May

    April, July and November May and November

    May and October May

    (Please check with your local branches on MAPEX held at State level)

    Golf Tournament April

    Branch Annual General Meeting April/May

    Annual Delegates Conference (ADC) June

    Annual Dinner and Awards Night September

    Educational Sessions 2-3 times monthly

    National Council Meetings Once every 2 months

    EXCO Meetings Monthly/when necessary

    New Members Induction Session January, June

    Training Programmes Please refer to REHDA Institutes training

    calendar available at www.rehdainstitute.com

    2 - 22

  • REHDAS POLICY STATEMENTS

    NO ISSUE AND REHDAS Stance

    1

    Build-Then-Sell (BTS)

    Should not be implemented as a single delivery system and if at all needed, should co-exist with

    the current Sell Then Build (STB) system.

    Will pose major catastrophic impact on the industry and business operations of its players

    including:

    i. Price increase

    ii. Shrinkage in supply and players

    iii. Loss of economies of scale

    iv. Compromise of infrastructure, social agenda, etc

    Any change in delivery system could derail entire housing industry and cause supply and demand

    imbalance and negative impact on the Malaysian economy.

    Increased project and financial risks based on BTS will mean higher interest and overall

    development cost which will inevitably be passed on to the purchaser in the form of higher

    property price, widening affordability gap.

    Businesses for professional services will be reduced significantly architectural firms, consulting

    engineering firms, quantity surveying firms, land surveying firms, real estate agencies, valuation

    firms, town planning firms, law firms.

    Long term sustainability of the property industry and the provision of affordable housing will be

    impacted.

    Any proposed delivery system eventually implemented must be able to strike a delicate balance

    between the buyers and business interests.

    A lopsided single delivery system will not augur well for the development of the housing industry

    and economy.

    Ultimately, the social and economic implications to all stakeholders need to be seriously assessed

    before implementing the Build-Then-Sell concept.

    2

    Low Cost Housing

    Provision of low cost housing should be reverted back to the Government and implemented via

    its agencies such as Syarikat Perumahan Negara Berhad (SPNB) and State Economic

    Development Corporations (SEDCs) while private developers be relieved from the role of

    providing low cost housing and focus more on market driven products.

    The country should also move towards affordable housing provision in line with its agenda to

    become a developed nation.

    3

    Bumiputera Quota Policy

    Review the current Bumiputera quota housing policy for a more transparent guideline and

    consistent implementation of the policy and its release mechanism:

    The Bumiputera quota housing policy should be standardized across all states and should

    not exceed 30%.

    2 - 23

  • The automatic release of unsold Bumiputera units to the open market shall be given upon

    fulfilling the relevant conditions.

    Developers should not be penalized with any form of levy or payment to any authorities or

    their agencies as a result of these quotas not taken up by the target group.

    No imposition of new conditions on titles for Bumiputera units as it will only create

    restriction-in-interest on the property and be viewed by the market as unpreferred

    property.

    Bumiputera quota considered achieved based on sales irrespective of whether the units

    sold to Bumiputera were the identified lots or not.

    Bumiputera discounts should only be applicable on residential and commercial units up to a

    certain threshold and not to high end premium properties.

    4

    Imposition of Capital Contribution Charges on Developers

    Private utility companies should not be imposing capital contribution charges on developers

    (e.g. contributions for sewerage, electricity, water, telecommunications, etc) as developers are

    already required to lay infrastructures in their development projects and bring in new

    customers to the utility companies.

    Private utility companies should revise their own capital to be recovered via tariff based on

    consumption through federal funding from general taxation and if necessary revamp such

    charges.

    5

    Goods and Services Tax (GST)

    The introduction of GST will make the current taxation more comprehensive, efficient and

    transparent.

    GST will increase price of inputs due to disallowance of input tax credits on the exempt supply

    of residential property resulting in increased property prices.

    The imposition of GST would also result in double taxation for non-residential sector as land and

    property transactions are already subjected to stamp duty.

    REHDA proposes that property transaction be treated as follows:

    Residential Zero rated or Standard rated

    Controlled price houses (low cost) Zero rated

    Non-residential, commercial & industrial Standard rated

    With the implementation of GST, stamp duty on transfer of properties should be abolished to

    lower the burden of cost to house buyers.

    6

    Foreign Ownership Threshold

    The increase in foreign ownership threshold from RM500,000 to RM1 million across the board may

    be detrimental to the promotion of property acquisition by foreigners.

    Proposes that a 3-tiered pricing threshold be adopted according to state and degree of

    urbanization of the related property:

    I - Threshold for highly urbanized areas (WP Kuala Lumpur)

    II - Threshold for urbanized areas (Selangor, Melaka, Negeri Sembilan, Johor, Penang)

    2 - 24

  • III - Threshold for less urbanized areas (Perlis, Kedah, Perak, Pahang, Kelantan,

    Terengganu, Sabah, Sarawak)

    7

    Green Initiatives

    In total support of green development. Establishment of REHDAs own green rating tool;

    GreenRE, encapsulates REHDAs firm commitment in promoting sustainability.

    8

    Industrialised Building System (IBS)

    Supports and encourages the adoption of IBS.

    Issues of increased costs in adoption of IBS must be addressed through incentives.

    Further Incentives for the Adoption of IBS such as :

    To have an open system or open supply to ensure that IBS manufacturing sector is not

    monopolized by a few big companies. This will result in competitive pricing.

    Manufacturers must be able to accommodate various designs in the modules.

    To ensure sufficient availability of IBS products to support the construction industry. There

    must be adequate IBS component producers located strategically in the North, Centre and

    South regions to supply. The Government should provide funds to small and medium

    industries to create a ready supply of such materials.

    The Government and its agencies to ensure their projects adopt the IBS system and

    components thus ensuring economies of scale. The cost of producing the IBS components

    can be reduced and at the same time can encourage more manufacturers to set up plant.

    The private sector will also benefit from a more reasonable construction cost.

    CIDB to lead the IBS initiative by providing comprehensive and systematic training

    programme. Incentives to be given to pioneer manufacturers/ installers who venture into

    IBS.

    Awareness programme for contractors to change negative mindset. Awareness programme

    for the public to educate the public on the advantages of IBS and promote buyers

    confidence in IBS projects.

    Planning, Design and Approval

    - Fast lane approval for IBS projects.

    - Fast track approval from Bomba and SIRIM on IBS components.

    - Higher plot ratio/density.

    - Guidelines and requirements such as planning guidelines, building by-laws, bomba

    requirements, etc should facilitate the use of IBS systems and products.

    - No additional provisions beyond what is required - IWK and JPS current land

    requirements are larger than what is needed.

    2 - 25

  • Construction and Implementation

    - Sales tax exemption for all accredited IBS materials to make them more price

    competitive.

    - Tax relief for IBS trainings.

    - Double tax allowance for capital expenditure, including all machinery and equipment

    incurred by developers in adopting IBS.

    - Double tax deduction for the increased portion of construction costs due to IBS system

    adoption.

    - GST exemption for IBS constructions.

    - Reduction of custom duties to encourage adoption of mechanization and automation.

    - Review of permissible load carrying capacities - higher load required and strength of

    bridges to accommodate heavier vehicles - economics of scale.

    - Government subsidy for affordable housing using IBS construction.

    - Waiver of low cost housing or increase selling price to meet current construction cost.

    Completion (Incentives to purchasers)

    - 100% bank loan for house buyers

    - Stamp duty exemption for house buyers

    - 5-10% price rebate to house buyers

    Others

    - Special funding from government to ease IBS construction and development such as to

    fund infrastructure cost for IBS projects, low cost house discount, price rebate, training

    etc.

    - Special loans with low interest rates for IBS manufacturers/developers meeting the 50%

    mark of IBS in buildings.

    - Roadmap on IBS for developer stating the continuous stages of IBS development in term

    of requirement and incentives.

    9

    Increased Development Cost

    a. Spiraling Land Costs

    Infeasible to build low cost, affordable homes.

    Particularly felt in urban centres where the need for affordable housing is eminent.

    b. Rising Compliance Costs

    High compliance costs of between 15% to 30% of GDV.

    Reduced saleable area due to planning requirements and compliance.

    Capital contribution towards privatized utilities service providers.

    c. High Cross-subsidies

    Cross-subsidies for low cost units have gone up to RM150,000 per unit.

    Burden shouldered by buyers of other segment within the project pushing prices up further.

    Cross-subsidisation of low cost not a sustainable model for the housing industry.

    Increased development costs must be urgently and continuously addressed.

    2 -26

  • 10

    Over Regulation

    Highly regulated industry.

    High compliance = High cost of doing business.

    Most laws governing the industry are prohibitive and not facilitative in nature.

    More stringent laws to protect house buyers with some provisions impractical to the industry.

    Eg: a. Certain Provisions of the Standard Sale & Purchase Agreements

    Vacant possession with Strata Title issued.

    Back loading of progress payments.

    No sales before issuance of individual title (landed).

    b. Strata Management Act

    The requirement for certified proposed Strata Plan where no changes shall be made,

    criminal offences for non-compliance etc; and many others.

    11

    Non-facilitative Policies

    a. Financing

    Review of financing guidelines impact on buyers loan eligibility.

    Eg: a. November 2010: The maximum margin of financing of up to 70% for housing loans 3 rd

    onwards.

    January 2012: The borrower is assessed based on net income rather than gross income.

    July 2013: The maximum period for housing loans reduced from 45 years to 35 years.

    In line with the concerted efforts to make home ownership more affordable, financing

    facilities for the buyers must also be made affordable and adequately available.

    Internet rates for end financing should remain low and competitive.

    Innovative financing to ease buyers burden especially in the initial years of loan tenure

    should be encouraged e.g. tiered payments, etc

    b. Developers Interest Bearing Scheme (DIBS)

    An innovative scheme that helps buyers purchase with lower initial acquisition costs.

    Help first time buyers tremendously.

    Total banning of DIBS affects affordability of this market segment.

    c. Revised RPGT

    Very small speculative elements in the market.

    The value of residential transaction in 2012 totalled RM67 billion, of which only about RM17

    billion are primary market.

    Speculation activities can only be a minority of this amount in pockets of hot spot areas.

    Affects genuine buyers and investors who may want to upgrade and / or relocate.

    Flip flop policy will deter foreign and local investments.

    Counter-productive to on-going efforts to stimulate investments in Malaysian property.

    2 - 27

  • PART 3

    MEMBERSHIP

  • TYPES OF MEMBERSHIP

    REHDA Membership is categorised into five different categories:

    1. Ordinary Member

    - Any person, company, firm or corporation who carries on the business of housing

    and property development and undertakes such development within 5 years of

    membership entry.

    - A member shall belong to the branch of the Association in which it has principal

    housing project.

    2. Subsidiary / Related Member

    - An ordinary member who is a company, firm, or corporation who has subsidiaries

    or related companies, wishing to join the Association as subsidiary or related

    members.

    - A subsidiary or related member shall not be entitled to vote or hold office.

    3. Affiliate Member

    - An ordinary member may apply to be an Affiliate Member of another state.

    4. REHDA Youth Member

    - An executive employee of ordinary members, under the age of forty years, is

    eligible for REHDA Youth membership of the Association.

    - The REHDA Youth membership of the Association is limited to a maximum of two

    eligible employees for each ordinary member.

    5. Associate Member

    - Any person, company, firm or corporation who carries on the business which is

    related to the business of housing and property development.

    3 - 1

  • BECOMING A REHDA MEMBER

    Interested parties can apply to be a member via REHDA Branch or Headquarters. Upon

    receipt of the application form from applicants, the administration personnel will verify all

    the information submitted based on a standard check list and then submit to the relevant

    Branch for vetting and recommendation. Once the Branch Committee has approved the

    application, it will then be tabled to the National Council for approval. The applicants will be

    informed once their applications have been approved. They will then be issued with a

    Membership Certificate and an Approval Letter signed by President.

    All Ordinary members are also eligible to apply for Subsidiary membership for their

    subsidiary/related companies and also REHDA Youth membership for eligible personnel in

    their company and benefit from extensive networking and privileges offered by being a

    REHDA member.

    MEMBERS BENEFITS

    REHDA members get the very best information, advocacy, education and networking

    opportunities for their membership! When you join the Association as a member, you

    automatically become a full member at the branch level. This will benefit you in terms of

    your dealing with local issues and practices, as well as in federal controlled matters. REHDA

    offers plenty of resources to help each member make the most of this investment and

    connect with the benefits they value most.

    What's inside the membership package?

    REHDA members are kept informed with prompt regulatory and legislative alerts. Updated

    News and Information pertinent the industry is being communicated through monthly

    bulletins, online publications and special reports. REHDA has been the nation's leading

    source for housing industry information, up-to-date information and recognised as the

    leading voice of advocacy and governance of the real estate and housing industry.

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  • REHDAs Voice of Representation provides members with an effective voice before

    policymakers. Your elected representatives in the Council focus on lobbying on your behalf

    on issues related to housing development, policies and regulations, tax policy, energy

    efficiency and sustainable development, transportation and infrastructure as well as

    working with broad industry coalitions on a wide range of industry matters.

    Invaluable Networking Opportunities with more than 1,000 members, REHDA offers wide

    networking opportunities! From local networking receptions and membership meetings to

    regional trade shows, national committees and specific taskforce / working group meetings,

    REHDA provides hundreds of ways for you to meet and build relationships with fellow

    industry professionals, future joint venture partners and suppliers.

    Educational Programmes that give you the tools to gain an edge in the industry. In our

    competitive marketplace, knowledge is the key to success and REHDA Institute offers

    hundreds of educational programmes through conferences, courses, seminars and teach-in

    session on a wide range of subject matters.

    Exposure to the Latest Building Products and Services through direct contact with industry

    vendors. As a REHDA member, you get to attend REHDAs product talks at a special

    members price and get a first-hand insight into the latest products, technology services

    available in the market.

    Professional Recognition through REHDA, members can enhance their professional

    credibility and visibility by belonging to one of the nations most highly respected and widely

    recognised trade associations.

    The Membership Directory is another great way to acquire information and get connected

    with fellow REHDA members. Look up in the REHDA Directory to locate a member or find a

    joint-venture partner.

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  • No matter where you are, as REHDA members you will receive Daily News Clipping Alert via

    email to keep abreast with the latest corporate and relevant industry news pertaining to the

    property and real estate industry.

    Industry Updates are also regularly circulated to members, another platform to ensure

    REHDA members are well informed on current information and updates related to the

    industry.

    Members Login in REHDAs website is another exclusive benefit of being a REHDA

    member. Loaded with information, members are provided with login ID and password for

    access to specified sections of the websites, i.e. Industry Resources, a section with an

    extensive list of policies, guidelines, procedures and all that one needs to know related to

    the real estate and housing industry. Members will also have access to shared information

    subscribed by REHDA.

    Enquiries on Industry REHDAs strong Industry Affairs Team at the REHDA Secretariat

    provides assistance to members queries on housing and real estate matters. They should be

    able to refer you to the appropriate channel in the event answers are not readily available.

    Members Lounge, a lounge with members comfort in mind. Members are welcomed to

    use the lounge at Wisma REHDA, subject to availability. Facilities available include light

    snacks, coffee/tea making facility, ASTRO and complimentary Wi-Fi connection.

    Usage of REHDAs Resource Centre where members are strongly encouraged to frequent

    and utilise the facility which is fully equipped with journals, guidelines, acts and publication

    of government reports on a wide range of topics relevant to the property industry.

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  • Exclusive Rates Only for Members

    As REHDA members, you are entitled to Special Rates offered exclusively for events and publications made available through the Association.

    Educational Programmes special rates applicable to all members who attend industry-

    related trainings and seminars organised by REHDA Institute.

    Malaysia Property Expo (MAPEX) huge discounts and special exhibition rates for

    members who wish to participate in the nations largest property exposition held bi-

    annually.

    GreenRE Certification members who engage GreenRE to rate their green development

    ideas in their projects will be offered a privileged rate.

    REHDA Publications a special discounted advertisement rate will be given to members

    who advertise in all REHDA publications i.e. monthly Bulletin, Directory and

    Management Portfolio.

    Rental of Wisma REHDA Facilities members who wish to utilise the facilities in Wisma

    REHDA such as conference room, meeting room and auditorium will be entitled to a

    special rate. For further enquiries, contact REHDA Secretariat at 03-78032978.

    ACTIVITIES ORGANISED FOR MEMBERS

    Induction Session an informal session to welcome new REHDA members, where members

    have the opportunity to meet and interact with National Council members, know more

    about REHDA, the Rules & Constitution of the Association and all they need to know about

    being a member.

    Annual Open House to usher into the new year with other REHDA members, National

    Council, government agencies, industry partners, fellow professionals and members of the

    media, a definitely great networking opportunity.

    Malaysia Property Exposition (MAPEX) MAPEX is Malaysias premiere and largest

    property exhibition that provides a good platform as a convenient one-stop centre for house

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  • buyers and investors to view the latest and available new launches under one roof. It is held

    twice annually at the national level and also held at least once at State/Zone levels. Visit

    www.mapex.com for dates of upcoming MAPEX nationwide.

    Educational Programmes REHDA Institute offers hundreds of educational programmes

    through conferences, courses, workshops, seminars and etc. For listing of upcoming

    workshops and seminars, please log on to www.rehdainstitute.com.

    Annual Dinner a networking event and an evening of appreciation to all government

    agencies, members, industry players, industry partners and members of media for their

    support to REHDA.

    Annual Golf Tournament a charitable golf tournament where we encourage members to

    participate in this joyful event and give back to the society at the same time.

    Roundtable Sessions a special session where members discussed and deliberate on

    pertinent issues to the industry.

    Study Tours take the opportunity and learn from the industrys best practices through

    local and international study tours organised for members.

    FUTURE MEMBERS BENEFITS

    The Association will continuously strive to ensure that members get the most of REHDA

    membership. More benefits, including discounts and privileges, access to more information,

    etc will be added on to the membership package on a regular basis.

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  • USEFUL CONTACTS

  • REHDA MALAYSIA SECRETARIAT

    REHDA Malaysia Wisma REHDA No. 2C, Jalan SS5D/6 Kelana Jaya 47301 Petaling Jaya, Selangor Tel: 03-7803 2978 Fax: 03-7803 5285 E-mail: [email protected] Website: www.rehda.com Facebook: REHDA Malaysia

    JOHOR BRANCH

    Branch Secretariat No. 27-C, Jalan Glasiar Taman Tasek 80200 Johor Bahru, Johor Tel: 07-2360930/931 Fax: 07-2360932 Email: [email protected]

    KEDAH/PERLIS BRANCH

    Branch Secretariat

    No. 197, Tingkat 1

    Susuran Sultan Abdul Hamid 8

    Kompleks Perniagaan Sultan Abdul Hamid

    Fasa 2, Persiaran Sultan Abdul Hamid

    05050 Alor Setar, Kedah

    Tel: 04-777 2118/9 Fax: 04-777 2117

    Email: [email protected]

    KELANTAN BRANCH

    Branch Secretariat

    3180-C, Tingkat 1

    Jalan Sultan Ibrahim

    15000 Kota Bahru, Kelantan

    Tel: 09-7446648 Fax: 09-7477900

    Email: [email protected]

    MELAKA BRANCH

    Branch Secretariat

    1-1, Blok Mawar 2

    Jalan Murni 2, Taman Malim Jaya

    75250 Melaka

    Tel: 06-337 4288 / 336 5188

    Fax: 06-337 5140

    Email: [email protected] /

    [email protected]

    Website: www.rehdamelaka.org

    NEGERI SEMBILAN BRANCH

    Branch Secretariat

    274-B-1, Tingkat 1

    Taman A.S.T, Jalan Sungai Ujong

    70200 Seremban, Negeri Sembilan

    Tel: 06-762 3317 Fax: 06-7649809

    Email: [email protected]

    PAHANG BRANCH

    Branch Secretariat

    No. 12, Lorong Lengkok Kanan 2

    Taman LKNP, Tanah Putih Baru

    25150 Kuantan, Pahang

    Tel: 09-5133355 Fax: 09-5165295

    Email: [email protected]

    PENANG BRANCH

    Branch Secretariat

    Unit 6, Level 5

    Axis Complex

    35, Cantonment Road

    10350 Penang

    Tel: 04-227 6916 Fax: 04-226 9399

    Email: [email protected]

    Website : www.rehdapenang.com

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  • PERAK BRANCH

    Branch Secretariat

    33-C (2nd Floor)

    Jalan Tun Sambathan

    30000 Ipoh, Perak

    Tel: 05-253 1472 Fax: 05-254 7677

    Email: [email protected]

    SELANGOR BRANCH

    Branch Secretariat

    Wisma REHDA

    No. 2C, Jalan SS5D/6, Kelana Jaya

    47301 Petaling Jaya, Selangor

    Tel: 03-7806 4853 / 4860 Fax: 03-7880 4685

    Email: [email protected]

    Website : www.rehdaselangor.com

    TERENGGANU BRANCH

    Branch Secretariat

    Unit No 3, Tingkat 1

    Bistari Centre, Jalan Hiliran

    20300 Kuala Terengganu, Terengganu

    Tel: 09-631 2882 Fax: 09-631 3993

    Email: [email protected]

    WILAYAH PERSEKUTUAN KUALA LUMPUR

    BRANCH

    Branch Secretariat

    Wisma REHDA

    No. 2C, Jalan SS5D/6

    Kelana Jaya

    47301 Petaling Jaya, Selangor

    Tel: 03-7803 2978 Fax: 03-7803 0016

    Email: [email protected]

    REHDA INSTITUTE

    Wisma REHDA No. 2C, Jalan SS5D/6 Kelana Jaya 47301 Petaling Jaya, Selangor Tel: 03-7803 6006 Fax: 03-7880 3823 E-mail: [email protected] Website: www.rehdainstitute.com

    REHDA YOUTH SECRETARIAT

    Wisma REHDA No. 2C, Jalan SS5D/6 Kelana Jaya 47301 Petaling Jaya, Selangor Tel: 03-7803 2978 Fax: 03-7803 5285 E-mail: [email protected] Website: www.rehdayouth.com Facebook: www.facebook.com/REHDAYouth

    GREENRE SDN BHD

    REHDA Malaysia Wisma REHDA No. 2C, Jalan SS5D/6 Kelana Jaya 47301 Petaling Jaya, Selangor Tel: 03-7803 2978 Fax: 03-7803 5285 E-mail: [email protected] Website: www.greenre.org

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