BUILDING GRADING

BUILDING GRADINGBy:Nusaibah Roslan

Msc statusMSC Malaysia StatusDefinition: MSC Malaysia status is recognition by the Government of Malaysia through the Multimedia Development Corporation (MDeC), for ICT and ICT-facilitated businesses that develop or use multimedia technologies to produce and enhance their products and services.It is also a mark of world-class service and achievement and your passport and gateway to a host of privileges granted by the Government of Malaysia to the business entities

MSC Malaysia status is awarded to 3 types of business entities, each with a set of different application criteria and guidelines. The qualifying business entities are:-

Private limited companies (i.e. Sendirian Berhad)Institutions of Higher LearningIncubators

MSC Malaysia Status Eligibility CriteriaProvider/Developer and/or heavy user of multimedia products and services Employ a substantial number of knowledge workers

Strong value proposition specifying how operations will contribute to the development of MSC Malaysia Establish separate legal entity for MSC-qualifying activities

Comply with environmental guidelinesThe Key Benefits of MSC Status For CompaniesPioneer status - With your MSC qualification your company will obtain pioneer status, meaning there will be no taxing on statutory income for an initial period of five years.Investment tax allowance - MSC status companies enjoy 100% investment tax allowance.R&D grant eligibility - Once status is obtained, your company will be eligible for R&D grants.No internet censorship - MSC status companies will not be censored in any way on the internet by the government.

The Key Benefits of MSC Status For Companies cont. Duty Free Importation - Once your status has been obtained, any importation of multimedia equipment will be fully duty free.Funds and Loans - MSC status companies enjoy the freedom to source capital and borrow funds globally.IT and infrastructure - Companies with MSC status receive physical and IT infrastructure support from the Malaysian government.

GBI STATUSWHAT IS A GREEN BUILDING?A Green building focuses on increasing the efficiency of resource use energy, water, and materials while reducing building impact on human health and the environment during the buildings lifecycle, through better siting, design, construction, operation, maintenance, and removal. Green Buildings should be designed and operated to reduce the overall impact of the built environment on its surroundings6 MAIN CRITERIASEnergy EfficiencyIndoor Environment QualitySustainable Site Planning & Management Materials & Resources Water Efficiency Innovation.BENEFITS OF GOING GBI GREENInvestment Tax Allowance (ITA)-tax exemption equivalent to 100% of the additional capital expenditure incurred to obtain the GBI certificate Import Duty Waiver-stamp duty exemption on instruments on transfer of ownership of such buildings

Sales Tax Waiver(Subject to ST and PTM validation)

GRADE AGRADE A STATUSGrade A bracket are brand new or have been recently redeveloped, or experienced a thorough refurbishment. The properties are prestigious and usually occupy prime locations within major cities

Along with the standard of the building itself, Grade A offices will also possess high-quality furnishings, state-of-the-art facilities, and excellent accessibility. The property will be finished in order to compete for premier office users, typically appealing to an international market, and will usually demand rents that are above average for the area.GRADE A CRITERIABuilding SystemsBuilding StructureLocationParkingOwnershipProperty Management & ServicesCRITERIASCRITERIAS Cont.