News: MGB Completes IBS-Built Houses Ahead Of Schedule

Oct 22, 2019

LBS Bina Group Bhd’s subsidiary, MGB Bhd, has completed its first batch of Industrialised Building System (IBS)-built houses in LBS Alam Perdana within 12 months, way ahead of its 18-month schedule.

MGB group managing director Tan Sri Lim Hock San revealed that LBS Alam Perdana is the first IBS precast concrete development of MGB.

“The mobile IBS factory at LBS Alam Perdana has contributed significantly in terms of achieving greater efficiency, productivity and quality. It has enabled us to customise the precast units according to the project’s requirements, deliver the units within a shorter time frame and with superior quality. This has resulted in early completion of the homes,” he said.

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Featuring 673 double-storey terraced houses, the project were built using IBS precast concrete components that were produced by the first mobile factory of MGB, which started operation in May 2018, reported The Sun Daily.

The mobile factory could produce up to 2,000 units of properties yearly.

LBS noted that IBS allowed them to fast track the delivery of houses as they enjoyed up to 33 percent savings in construction time.

Dependency on manual labour was also reduced by 31 percent, resulting to a 49 percent reduction in total on-site labour costs.

MGB has been producing IBS properties in the past 10 years. The group began producing aluminium formworks and IBS steel formworks, before adding pre-cast concrete units to its offering.

MGB invested RM40 million in March for the opening of its second IBS facility in Nilai.

A joint venture between Sany Construction Industry Development (M) Sdn Bhd and MGB, the new permanent precast concrete plant can produce up to 2,000 units of properties for Kita @ Cybersouth township.


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Yasmin Sulaiman
Real Estate Negotiator
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