
Recognizing the urgency of addressing the affordable housing crisis, the Modular for Affordable Housing conference by Trueventus will enable attendees to gain insights and firsthand experience with the latest innovations and opportunities in modular and prefab construction. As the industry embraces emerging construction technologies, those who fail to adopt modular methods risk missing out on substantial benefits.
The upward trajectory of Malaysian housing prices persists unabated, despite a noticeable decline in buyer demand. Despite efforts such as the implementation of an affordable housing policy, the trend of delayed and stalled projects continues to rise. As of January 31, 2023, a total of 718 projects were reported as delayed, abandoned, or labelled as sick projects. In response to these challenges, Malaysian Resources Corp Bhd (MRCB) is pioneering a transformative approach to construction. Their proprietary technology revolutionizes the industry by designing and delivering prefabricated buildings, with 95 per cent of the construction work taking place off-site using modular methodologies.
Modular for Affordable Housing is a call to action to transition and stay ahead of the curve, as hesitation may lead to missed opportunities in this evolving landscape.