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.
CIMB downgrades Eco World Development, lowers target price to RM1.08
KUALA LUMPUR (Dec 14): CIMB IB Research has downgraded Eco World Development Group Bhd to a Hold from an Add previously on its weaker sales target for next year and slower earnings growth on the back of a subdued property market outlook.
M'sian youth prepared to accept wages below reservation income, says Khazanah Research
KUALA LUMPUR (Dec 12): Young part-time Malaysian workers and contributing family workers earn below their reservation income, suggesting that they are prepared to accept earnings below their reservation so that they have jobs.
PAM welcomes KLCP 2020, hopes new plan to be gazetted by 2020
PETALING JAYA (Dec 10): The Malaysian Institute of Architects (PAM) has lauded the Ministry of Federal Territories and Dewan Bandaraya Kuala Lumpur (DBKL) for gazetting the Kuala Lumpur City Plan (KLCP 2020) to protect the interests of the city and its citizens.