Sime Darby Property’s 1Q profit up 33.5%, to reassess RM4 bil sales target amid cost pressures

May 27

PETALING JAYA (May 27): Sime Darby Property Bhd posted a 33.

CIDB, DOSM assess impact of rising building costs amid West Asia conflict

Apr 21

PUTRAJAYA (April 15): The Construction Industry Development Board (CIDB) is collaborating with the Department of Statistics Malaysia (DOSM) to assess the actual impact of rising building material costs following the West Asia conflict on the local construction sector, said Deputy Works Minister Datuk Seri Dr Ahmad Maslan.

Govt studying measures as construction costs rise, says Ahmad Maslan

Apr 08

KUCHING (April 8): The federal government is reviewing all proposals and recommendations to address rising construction material costs following tensions in West Asia, Deputy Works Minister Datuk Seri Dr Ahmad Maslan said.

MBAM calls for urgent support as construction cost pressures escalate

Mar 26

KUALA LUMPUR (March 26): Master Builders Association Malaysia (MBAM) urges the government and private sector to take immediate action as escalating building material, energy and logistics costs squeeze development contractors and threaten project delivery.

Middle East tensions may delay Malaysia property projects, raise construction costs, says Rehda

Mar 13

KUALA LUMPUR (March 13): Malaysia may see moderate property project delays and rising construction costs with protracted geopolitical tensions in the Middle East, developers cautioned.