Industrialised building system in Malaysia: Issues for research in a changing financial and property market

Industrialised Building System in its different guises appears to have gained popularity in recent years. Through a thorough review of literature, this paper presents a historical appraisal of the definitions offered for the different guises of IBS, the characteristics of IBS, and the benefits it purports to offer. In the same vein, the factors that have fuelled the popularity of IBS is discussed together with the impact of the changing financial and property market crisis on the future of IBS. The implications of the current financial and property market prices on IBS in Malaysia shall also be discussed. The paper concludes by drawing inferences on the implications of the current financial and property market crisis on research in IBS from a Malaysian construction industry perspective.