House prices unlikely to fall

KUALA LUMPUR (Aug 9): House prices in Malaysia will not go down despite current economic uncertainties, due to higher land prices and compliance costs, and increased cost of construction, said Real Estate and Housing Developers’ Association (Rehda).

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Rail theme still main construction sector driver in 2H17

Construction sector Maintain overweight: Public transport operator Prasarana Malaysia Bhd has awarded the light rail vehicle (LRV) package for the light rail transit 3 (LRT3) to a consortium comprising CRRC Zhuzhou Locomotive Co Ltd, Siemens Ltd China, and Tegap Dinamik Sdn Bhd, according to news reports yesterday.

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Spring Gallery inks concept masterplan deal to develop Melaka plots

KUALA LUMPUR (July 28): Spring Gallery Bhd, which made headlines recently after a RM176 million job it secured last year was cancelled, said its unit has inked a deal to gain the rights to carry on and complete a concept masterplan for a development spanning 216,427 sq m in Melaka that is spread across seven plots of land.

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