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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Better connectivity boosted property prices

WITH the push from key growth catalysts such as the Mass Rapid Transit (MRT) and big township developments, both landed and non-landed residential properties in major townships in the Klang Valley and Greater KL including Cheras, Kajang/Semenyih, Kota Damansara and Subang Jaya have all recorded compound annual growth rates (CAGR) of 10% and above.

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