Construction stocks in focus ahead of Budget 2017

KUALA LUMPUR (Oct 4): Some of the major construction and construction-related stocks have already been rallying in the past three months in anticipation of more job wins especially under Budget 2017 which is scheduled to be tabled in parliament on Oct 21.

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DONE DEAL: Verde Condominium @ Ara Damansara

Sold for: RM890,000 (RM643 psf) Concluded by: Belle Low (REN 06824) from Hartamas Real Estate (012-503 5111) When: August 2016 Noteworthy: ● Freehold  ● Mid floor ● 1,383 sq ft ● Facing east ● Partly furnished with kitchen cabinet, air-cons and water heater ● 3 bedrooms and 2 bathrooms ● Facilities: gym, 2-storey function hall, open Jacuzzi, BBQ area and golf driving range Verde @ Ara Damansara is a newly completed upscale condominium by Villamas Group of Companies.

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