A new prefabricated, modular building system designed and manufactured in Australia is being displayed in Melbourne’s Federation Square as part of a sustainable living campaign.

Billed as the ‘the future’ for residential design, the structural building technology system, Klik, is an off-the-shelf, predesigned, prefabricated system designed by architects Elenberg Fraser and building company Unitised Building (UB Australia).

They claim the new product will allow developers to preview modular apartment buildings online and save 10 to 15 per cent of the cost and halve the time it takes to build.

It is suitable for applications covering everything from houses, and apartments to hotel and residential towers.

The product is being craned into position in Federation Square as part of the ‘New Joneses’ pop up apartments, where a will couple  live for a week, bringing only the essentials and they must borrow, rent, swap or source everything they need second hand.

The product is being officially presented on October 11.

Fairfax Media has reported that UB Australia technology has manufactured four apartment buildings in Melbourne, including The Nicholson in Brunswick and Little Hero in the city. While each of those buildings was designed and engineered, the process is standardised under the Klik system, which was originally designed by architect Nonda Katsalidis.

A Klik tower design by architects Ellenberg Fraser. Image source: SMH 

They report that the system uses modular components that can be pieced together on an assembly line in in Melbourne's west, using techniques similar to car manufacturing.

You can follow the Progress of the new Joneses and the UB apartment via facebook.