Can IBS technology significantly reduce construction costs for affordable homes?

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Industrialised Building System (IBS) Technology Offers Significant Cost Reductions for Affordable Housing Construction

The establishment of an Industrialised Building System (IBS) academy by the Ministry of Housing and Local Government (KPKT) is set to significantly reduce construction costs for affordable homes, with developers encouraged to adopt IBS models that can save up to 40% on labour costs. This initiative aims to equip young Malaysians with the latest construction technologies, thereby boosting the production of high-tech and more affordable housing. The academy's focus on training local manpower is expected to support the government's ambitious target of developing one million affordable homes within the next decade.
Cost Savings Through IBS Adoption

Developers are being encouraged to utilise specific IBS models that have demonstrated the ability to accelerate construction timelines and substantially decrease labour expenses. These models are designed to reduce costs by as much as 40%, making them a highly attractive option for affordable housing projects. The inherent cost-effectiveness of constructing homes using IBS methods is a key driver behind the ministry's push for its widespread adoption.
Training Local Workforce for Affordable Housing Development

The forthcoming IBS Academy, set to launch in Awana Kijal, Terengganu on May 21, will play a crucial role in developing a skilled local workforce. By training young people in advanced building technologies, the academy aims to reduce the construction industry's reliance on foreign labour. This focus on local talent is intended to directly support the government's objective of building a million affordable homes over the next ten years, ensuring the availability of expertise for these essential projects.
Advancing Construction Technology and Reducing Reliance on 3D Jobs

The IBS Academy will provide young Malaysians with exposure to modern building technologies, specifically designed to eliminate the need for participation in jobs typically categorised as Dangerous, Dirty, and Difficult (3D). This approach not only enhances the appeal of the construction sector to local youth but also contributes to a more efficient and technologically advanced building process. Consequently, developers are expected to see a reduction in their dependence on foreign workers as more skilled local individuals become available.
Government Confidence in Achieving Affordable Housing Targets

The Ministry of Housing and Local Government expresses strong confidence that the IBS Academy will be instrumental in achieving the national goal of constructing one million affordable homes within a ten-year timeframe. This confidence stems from the anticipated availability of skilled local manpower, trained in IBS technologies, who will contribute to the efficient and cost-effective development of these much-needed housing units. The ministry plans to offer four distinct IBS models to developers to further facilitate the construction of affordable housing.

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Can IBS technology significantly reduce construction costs for affordable homes?

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