Economic Attributes in Industrialised Building System in Malaysia

AbstractIndustrialised Building System (IBS) is world wide responding to sustainable construction. In order to be competitive in this current trend, local construction players have to take this advantages and shift their paradigm from conventional construction to IBS. This paper therefore, aimed to determine the economic attributes related to the sustainability of Malaysian construction. The main tool used for data collection is questionnaire survey collected from 50 respondents. The results showed that there are many momentous economical attributes identified related with sustainable and IBS, which are IBS offers long term monitoring mechanism by using Life Cycle Costing in cost development, the thoughts of environmental-related products are always involved a huge financial burden up-front and in term of financial investment, IBS offers more speed Return-on-Investment of a project. Based on information gained strategies to strengthen and promotes broader adoption of sustainability in IBS construction, in Malaysia was suggested