Gamuda Bhd’s remaining order book of RM13.5 billion (including a RM6.6 billion for project delivery partner [PDP] contract) will sustain construction activities over the next three years.

Going forward, we expect competition in project tenders to intensify and project margins may have to be compromised as the contractors compete for smaller pies.

Many developers held back new launches running up to the 14th general election as buyers were holding back given the uncertainties.

The move enables the group to expand into Melaka to capture the rising interest in properties, boosted by tourism-related activities.

“Many people in Iskandar and the rest of Johor will be disappointed if the HSR is cancelled, as the economic impact of the HSR is large.”

Malaysians love the outdoors and nature, and want to incorporate those in their homes.

To ensure your property is managed well from day one, should you hire a professional property manager or rely on your own capability to do it?

While the latest development is negative to Gamuda, it is not totally unexpected.

Otherwise known as the Circle Line, the proposed line skirts the edges of Kuala Lumpur City Centre and is believed to feature 11 stops running through densely-populated areas.

Among others, include 503 units of serviced apartments at the intersection of Jalan Conlay and Jalan Kia Peng.