Latest news with #GreenRE
New Straits Times
5 days ago
- Business
- New Straits Times
NCT Group wins regional award for low-carbon industrial park
KUALA LUMPUR: NCT Group of Companies has bagged the Sustainability Champion Award at the Asia Pacific CEO Sustainability Awards 2025, recognised for its work in low-carbon industrial development. The award was attributed to the group's NCT Smart Industrial Park (NSIP), launched in 2023 as Malaysia's first certified Managed Industrial Park, NCT said in a statement today. It added the 296.23-hectare site incorporates integrated, sustainable design and infrastructure. NSIP recently achieved a five-diamond rating under the Low Carbon Cities 2030 Challenge, after implementing measures that cut baseline emissions by over 50 per cent. Group managing director Datuk Seri Yap Ngan Choy said the recognition supports NCT Group's efforts to shift towards a more sustainable business model. Group executive director Datuk Joe Yap Fook Choy accepted the award on his behalf. "This recognition reflects NCT Group's vision and passion for creating meaningful, lasting impact through every project we undertake," Ngan Choy said. "At NCT Group, we have always strived to craft world-class developments that are not only architecturally exceptional, but also sustainable and purposeful," he added. The group is also developing other green-certified projects, including the NCT Innosphere in Bukit Kayu Hitam, which received the GreenRE Silver Provisional certification in February. The Asia Pacific CEO Sustainability Awards honour individuals and organisations contributing to environmental, social and governance practices in the region.
Daily Express
24-05-2025
- Business
- Daily Express
Sustainable buildings necessary: Mustaza
Published on: Saturday, May 24, 2025 Published on: Sat, May 24, 2025 Text Size: Mustaza said their green building certification system was developed in collaboration with CIDB Malaysia and BCA Singapore. GREENRE SDN BHD Director Datuk Mustaza Mohamad said it is Malaysia's leading green building certification body, with a portfolio of almost 1000 projects and more than 300 million square feet of certified real estate since formed in 2014. In Sabah alone, he said they have 20 registered projects, of which 11 have been certified and its strength lies in balancing innovation with accessibility—making green development achievable, not just aspirational. 'Sustainable building practices are no longer just a trend; they are a necessity for the future of our planet. Malaysia has set a net zero target by 2050 and greening the built environment is a crucial part of achieving this target. 'Green buildings not only reduce environmental impact but also enhance the quality of life for their occupants by promoting energy efficiency, reducing operational costs, and fostering healthier living spaces,' Mustaza said. He said their green building certification system was developed in collaboration with CIDB Malaysia and BCA Singapore. 'We know that green building isn't a one-size-fits-all model. What works in Peninsula may not translate directly to East Malaysia. Advertisement 'That's why local partnerships like this one with Shareda are so important. They allow us to customise support, provide targeted capacity-building, and co-create solutions that work on the ground. 'Our collaboration with Shareda will focus on several key objectives: Creating awareness and education platforms around sustainable development. Providing technical guidance and support to Shareda members pursuing GreenRE certification. 'Offering 20pc discounted certification fees and exclusive member pricing for training and capacity-building programs,' Mustaza said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
24-05-2025
- Business
- Daily Express
Certification tool for industry players
Published on: Saturday, May 24, 2025 Published on: Sat, May 24, 2025 Text Size: 'Today, GreenRE's reach spans various sectors — from financial institutions and industrial players to healthcare providers, retail chains and global names like the Marriott Group, Caltex, and Shell — and of course, the property development industry,' Ir Ho said. REAL Estate and Housing Developers' Association (Rehda) Malaysia Chairman Datuk Ir Ho Hon Sang said GreenRE formed in 2013 is a homegrown certification tool by the industry for the industry and aimed to promote sustainability in the property sector. The goal was to create a system that is credible, practical, and accessible for developers at every level — a tool that would support the collective journey towards sustainability. 'The importance of this cannot be overstated. According to the United Nations Environment Programme, the building and construction sector contributes nearly 37pc of global energy-related carbon emissions. In Malaysia, this number stands at an estimated 40pc, mainly driven by fossil fuel-based power generation. 'This is why the work GreenRE does is so vital. It goes beyond ticking compliance boxes — it is about transforming how we think about design, construction, and long-term environmental responsibility. 'Today, GreenRE's reach spans various sectors — from financial institutions and industrial players to healthcare providers, retail chains and global names like the Marriott Group, Caltex, and Shell — and of course, the property development industry,' he said. On the MoU signing between Shareda and GreenRE, Ho said he believed this MoU will deepen their collaboration further — not only in their mission to deliver quality homes and infrastructure, but to do so in a more holistic and environmentally responsible manner. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
24-05-2025
- Business
- Daily Express
Green development, dispute resolution: Shareda inks MoUs with GreenRE, Bicam
Published on: Saturday, May 24, 2025 Published on: Sat, May 24, 2025 By: Hayati Dzulkifli Text Size: Chua (second right) showing the signed document with Ho (second left) and Wong (third left). Kota Kinabalu: Sabah developers are set to benefit from two major initiatives with the signing of two crucial Memoranda of Understanding with Sabah Housing and Real Estate Developers Association (Shareda) aimed at promoting sustainable green development and streamlining dispute resolution processes. Shareda's President Datuk Sr Chua Soon Ping said it marked a new chapter in the growth and development of Sabah's housing and real estate industry, 'The first was signed with GreenRE Sdn Bhd, a leading Malaysian certification body that advocates sustainable and environmentally friendly building practices. 'The partnership aims to encourage developers in Sabah to adopt green standards in their projects, aligning with the global push for sustainable development,' he said at the signing recently witnessed by Datuk Dr Roland Chia, Political Secretary to the Chief Minister at Bay Suites. The event was attended by Bicam Chairman Tan Sri David Wong Dak Wah, Real Estate and Housing Developers' Association (Rehda) Dato' Ir. Ho Hon Sang, GreenRE Sdn Bhd Director Datuk Mustaza Bin Mohamad, its director Dato' Rick Cheng Wooi Seng, industry leaders and government officials. Chua said GreenRE certification provides a platform for developers to build homes and projects that are not only energy-efficient but also environmentally responsible. Advertisement He said this is crucial for Sabah, as they continue to grow and develop their cities and communities while being mindful of the long-term health of environment. 'By participating in GreenRE certification, developers in Sabah will be able to make a significant contribution to reducing the carbon footprint of their projects and create greener, healthier living spaces for our communities. 'More importantly, it positions Sabah on the map as a State that leads in sustainable development, setting an example for others to follow. 'The impact of this initiative will be felt with benefits such as lower operational costs, increased property values and better quality of life,' Chua said. The second MoU was signed with Borneo International Centre for Arbitration and Mediation (Bicam), a platform offering alternative dispute resolution tailored for the housing and real estate sector. 'In a world where legal disputes are often time-consuming, costly, and cumbersome, Bicam provides more efficient and amicable solution through mutual agreements, faster and more cost-effective, avoiding lengthy court proceedings, 'This initiative will serve as a valuable tool for developers, contractors, and stakeholders to address legal matters quickly and effectively, ensuring that projects stay on track and relationships remain intact,' he said. Chua said this would help mitigate conflicts and contribute to smoother operations within the housing and real estate sector. He said property industry players in Sabah can focus more on delivering high-quality and sustainable developments rather than being bogged down by legal delays. Bicam's Wong said the MoU with Shareda represents their shared belief that the development industry deserves practical, accessible solutions for dispute resolution. As construction and real estate projects grow in complexity, he said the potential for disputes also grows, which they do not have to become roadblocks as they can be managed—and resolved—early, fairly, and cost-effectively. Through this MoU, he said Bicam and Shareda will work together to: Organise joint forums, training sessions, and technical talks, Encourage the use of mediation, arbitration, and expert determination in resolving disputes, Facilitate the exchange of publications and best practices, And create a culture of early intervention and constructive dialogue. The former Chief Judge for Sabah and Sarawak said the MoU aims at creating strategic alignment that allows them to serve the industry better, and to empower Shareda members with tools to resolve issues professionally and confidently. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
19-05-2025
- Business
- The Star
Discover elevated city living today
(From left) Tenaga Nasional Bhd (TNB) property services department head Noorleza Abd Jalil, former TNB chairman Datuk Seri Mahdzir Khalid, Melati Ehsan Group executive chairman Tan Sri Yap Suan Chee, former TNB chairman Tan Sri Leo Moggie and TNB global business solution operation head Nurmurniza Md Zakaria posing for a group photo. KUALA LUMPUR: Bayu Mantap Sdn Bhd, a member of the Melati Ehsan Group, recently unveiled the Khaya Residences Sales Gallery in a soft launch event that marked a key milestone in the journey of this upcoming residential landmark. The gallery showcases several meticulously designed show units, offering guests and potential buyers an immersive glimpse into the architectural vision that has resulted in the refined interiors and resulting elevated lifestyle of Khaya Residences. Designed to redefine urban living, Khaya Residence combines luxurious serviced apartments with curated retail spaces seamlessly integrated into the thriving close to 1.62ha commercial land, set to become a prominent future landmark in Bangsar. Under the visionary leadership of Tan Sri Yap Suan Chee and executive director Yap Wei Sam, Khaya Residences redefines urban living with its seamless integration of refined residences, curated retail experiences and community-driven green sanctuaries. Khaya Residences, with its distinctive cascading facade, complements and stands beside the recently completed Menara TNB Bangsar. It has a commanding presence as a 43-storey gold-certified Green Building Index (GBI) building with 520,000 sq ft of net floor area. Anchor tenants, including TNB and other multinational corporations (MNCs), position Khaya Residences as a prime investment opportunity in the upcoming residential phase. The presence of this blue-chip corporate neighbor in Menara TNB Bangsar further enhances the development's long-term value and prestige within a self-contained ecosystem. This ensures a steady stream of footfall traffic for the burgeoning retail space, which will soon include showrooms, casual dining F&B establishments and an upscale supermarket, among other essential services. This unique synergy between a residential enclave and a corporate hub with retail constituents ensures Khaya Residences will retain its value as a coveted mainstay in Bangsar for years to come. 'The goal of Khaya Residences is to assimilate a prestigious living experience by combining elements of luxury within a serene environment,' said Wei Sam. 'It is an ideal home for those seeking privacy, exclusivity and a refined lifestyle. There is excellent potential for future growth in the vicinity and we are proud to be part of this dynamic environment.' The new 61-storey L-shaped GreenRE certified Khaya Residences comprises 795 spacious serviced apartments, including the exclusive Signature X-Suites. These premium residences boast expansive layouts with private terraces of up to 875 sq ft, ideal for discerning homeowners seeking a sanctuary from the daily grind. With close to 90% of total units enjoying panoramic vistas at present with unobstructed views, residents experience a unique sense of openness, light and serenity — rare qualities in city living. Khaya Residences offers multiple distinct layouts to suit a variety of lifestyles, ranging from 1- to 3+1-bedroom configurations with unit sizes spanning 630 to 2,427 sq ft. Priced from an accessible RM 785,000, these homes feature large windows that maximise natural light and showcase panoramic views of the surrounding landscape. Designed to accommodate modern urban living, the development offers a suite of thoughtfully customised conveniences. A multi-tiered security system ensures peace of mind, while 10 lifts and a dedicated grand reception lobby facilitates a seamless arrival experience. The ground floor boasts a slew of retail options, bringing daily essentials right to residents' doorstep. Beyond its striking architecture, Khaya Residences elevates everyday living with over 40 thoughtfully curated lifestyle facilities designed to enhance wellness, relaxation, productivity and leisure. Reflecting Bayu Mantap's commitment to sustainability, Khaya Residences incorporates low-carbon infrastructure, GreenRE certification and eco-friendly features such as extensive greenery, water bodies and a stepped, tribune-like architectural façade adorned with green terraces that minimise environmental impact. Parking is also effortless with naturally ventilated podiums exclusively for residents, alongside a spacious four level basement.
