Latest news with #QLASSIC
Barnama
2 days ago
- Business
- Barnama
Rumah Bakat MADANI: Landmark Affordable Housing Project Underscores Govt's Commitment
BUTTERWORTH, July 19 (Bernama) -- The Rumah Bakat MADANI initiative, Malaysia's largest affordable housing project to date, symbolises the strong commitment and leadership of the Prime Minister in prioritising the wellbeing of the people and improving access to home ownership. Housing and Local Government Minister Nga Kor Ming said the project will deliver 37,368 housing units, with 6,368 units planned for Seberang Jaya and 31,000 in Batu Kawan. The project is being developed by SkyWorld as the implementing company. 'Under the 12th Malaysia Plan (RMK-12), the government set a target of delivering 500,000 affordable housing units by 2025. As of March 31, a total of 492,360 units have been provided, or 98.5 per cent of the target,' he said. 'Of that total, 179,769 units have been completed, 235,862 are under construction, while 76,729 are in the planning stage,' he added. He was speaking at the groundbreaking and launch ceremony of Rumah Bakat MADANI at Seberang Jaya, today. The event was officiated by Prime Minister Datuk Seri Anwar Ibrahim and attended by Penang Chief Minister Chow Kon Yeow. Nga said the Rumah Bakat MADANI project will consist of 900-square-foot freehold condominiums, priced between RM225,000 and RM420,000. Each unit will be equipped with modern facilities and access to shared amenities, including a swimming pool, gymnasium, sports courts, multipurpose hall, surau, kindergarten, food stalls, a children's playground, a Central Park and a Vertical School. As part of upcoming reforms under the RMK-13, Nga said the Housing and Local Government Ministry and SkyWorld have agreed to implement three key features, including a 10-year construction warranty covering water leakage and plumbing, a fixed maintenance fee of RM0.18 per square foot (equivalent to RM162 per month) and a targeted QLASSIC construction quality score of 85 per cent. Clubhouse facilities such as the gym, pool, and sports courts will operate on a pay-per-use basis, he added.
The Sun
04-07-2025
- Business
- The Sun
SkyWorld scores third win at Fiabci global awards
KUALA LUMPUR: For the third year in a row, SkyWorld Development Bhd has received global recognition at the Fiabci World Prix d'Excellence Awards 2025, this time earning the World Silver Award in the Residential High Rise category for its parkfront development SkyLuxe On The Park Residences in Bukit Jalil. The company previously secured Gold Awards for SkyAwani 2 and SkyAwani 3 Residences in the Affordable Housing category at the 2023 and 2024 editions of the same awards, highlighting its consistent performance on the international stage. 'We are proud to be recognized in a new category, extending our success in affordable housing to include excellence in high-rise residential developments. Winning the Fiabci World Prix d'Excellence Award for the third consecutive year is a meaningful milestone for all of us at SkyWorld. It shows that our focus on building future-ready, quality homes continues to make a positive difference in people's lives. SkyLuxe On The Park Residences was designed with this in mind, from thoughtful layouts to seamless access to green spaces. We are happy to see it become a place that homeowners are proud to call home,' said CEO Lee Chee Seng. Completed in February 2020, SkyLuxe On The Park Residences consists of 477 units across two 44-storey towers on a freehold parcel next to Bukit Jalil Recreational Park. The project achieved 100% take-up and recorded 87% occupancy as of 2023. Its distinctive 'dancing towers' design, sky terraces, and varied balcony layouts introduce architectural variety while complementing the surrounding landscape. SkyLuxe On The Park Residences has also received broad industry recognition for its design and construction quality. With an impressive 85% QLASSIC High Score in 2020 under the High-Rise Residential Category, it achieved the highest score in Malaysia that year. QLASSIC (Quality Assessment System in Construction) is Malaysia's national standard for measuring workmanship quality based on the Construction Industry Standard (CIS 7), administered by the Construction Industry Development Board. This latest recognition adds to a growing portfolio of sustainable, design-led developments that promote liveability, resilience, and long-term value in urban communities.
