Property Hunter Magazine Property Hunter Magazine Issue 50 - January 2014 | Page 59

During the launching ceremony, guest of honour Dato’ Abdul Rahman Dahlan, the Federal Minister of Urban Wellbeing, Housing and Local Government said, “The property industry in Malaysia has witnessed notable development in recent years, and these are exciting times for industry players. I believe stakeholders who have been able to withstand the challenges of the global economic slowdown are now more experienced and resilient.” He added: “As Malaysia seeks to achieve developed and highincome nation status, the property sector is one of the catalysts to realise this. It is therefore important that the housing and property industry being one of the country’s key economic sector, undertakes development in a sustainable manner.” He urged Cpark to embrace sustainable building practices as green buildings consume less energy and water, generate less waste, and create a healthy and productive environment for employees. “The active adoption of green technology, in the building of quality houses compounded with the well designed sustainability of the housing sector, will definitely help owners of buildings or developers achieve higher sales values, fetch higher rentals and enjoy higher occupancy rates, when compared to non-green buildings,” he said. In the building sector, green builders boast a competitive advantage over traditional builders. Developers involved in the green building market are ahead of the masses. To drive the potential in the competitive global market, local developers such as Cpark are highly encouraged to adapt and embrace these technological advancements. As Malaysia seeks to achieve developed and highincome nation status, the property sector is one of the catalysts to realise this. It is therefore important that the housing and property industry being one of the country’s key economic sector, undertakes development in a sustainable manner. www.PropertyHunter.com.my 59