Homebuyers to benefit from new banding system

The new Conquas banding system rates developers and builders in bands from one to six – with Band 1 being the best, said Neo of Building and Construction Authority. — Bloomberg

HOMEBUYERS can now get a better sense of how well developers and builders perform with the roll-out of a new construction quality banding system that tracks their record in private residential projects over the past six years.

Launched on Thursday, the new banding system will replace the existing Construction Quality Assessment System (Conquas) scores for building projects with immediate effect, says the Building and Construction Authority (BCA).