Zelan seeks RM305m in arbitration against architects
KUALA LUMPUR (March 12): Zelan Bhd has initiated arbitration proceedings against NRY Architects for as much as RM305.
It’s not a wage problem, houses are just too expensive
PETALING JAYA (Jan 30): To resolve the property supply and demand mismatch in Malaysia, Khazanah Research Institute (KRI) director of research Dr Suraya Ismail opined that housing prices just need to be within the average wage earners’ affordability level.
.jpg)
CIMB Research: National Affordable Housing Policy could bite into developers' margins
KUALA LUMPUR (Jan 29): The larger affordable homes under the National Affordable Housing Policy (NAHP) could further erode property developers' margins if no incentives or subsidies are given to private developers, according to CIMB Research.
National Homeownership Campaign begins in March, offering completed homes at least 10% off
PUTRAJAYA (Jan 10): The National Homeownership Campaign, which was revived in Budget 2019 to tackle the high number of unsold homes in the country, will begin March 1 and feature some 30,115 completed homes, according to the Ministry of Housing and Local Government (KPKT).
Weak sentiment likely to persist for construction, property, building materials sectors in 2019, says HLIB Research
KUALA LUMPUR (Jan 7): Weak sentiment among retail investors is likely to persist in 2019 for the construction, property and building materials sector, according to Hong Leong Investment Bank (HLIB) Research.
Envisioning future homes on planet Mars
We have watched many science fiction movies inspired by the planet Mars such as The Martian, Interstellar, Red Planet and Mission to Mars and in reality, earthlings are getting themselves closer to making it possible to even live there, one day.
Malaysian contractors expected to look for jobs in Singapore, says HLIB Research
KUALA LUMPUR (Jan 3): In light of the slowdown in contracts awarded in the local construction scene, Malaysian contractors are expected to bid for more jobs in Singapore, according to Hong Leong Investment Bank (HLIB) Research.
Sarawak is the next place to be for construction, says HLIB Research
KUALA LUMPUR (Dec 28): As crude oil markets pulled back, sparking concerns of a federal budget recalibration, construction players who have shifted their focus to East Malaysia may find shelter there as state-funded projects are insulated from the risk of reduction of the federal government spending.
