Construction to outperform GDP growth in 2017
Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).
Construction sector Maintain overweight: Development expenditure for 2017 has been set at RM46 billion, which is flattish at +2% year-on-year (y-o-y).
KUALA LUMPUR (Jan 11): Muhibbah Engineering (M) Bhd has bagged a contract worth approximately 356.
KUALA LUMPUR (Jan 11): Property developer and education service provider Paramount Corp Bhd requested for its shares to be suspended from trading today, ahead of a material announcement, it said in a filing with Bursa Malaysia yesterday.
TURNING 125 is a milestone for Singapore’s oldest architectural practice, Swan & Maclaren, which was founded in 1892.
SINGAPORE (Jan 10): Property firm Sim Lian Group will be opening its first mixed-use development, Hillion Mall, on Feb 24 as “Singapore’s first integrated development and transport hub in the West”.
KUALA LUMPUR (Jan 10): Majlis Amanah Rakyat (Mara) has sold off one of its four properties in Australia to pay back loans in the country.
SINGAPORE (Jan 10): CapitaLand Mall Asia, the shopping mall business of CapitaLand, has won the rights to manage the shopping mall in La Botanica, a township located in Xi’an’s Chan-Ba Ecological District.
THE Malaysian property market has gone through a difficult patch and while no one can predict the future accurately, 2017 is not expected to be rosy either.
KUALA LUMPUR (Jan 9): Master Builders Association Malaysia (MBAM) expects a RM2 billion per annum impact to the construction industry, in particular contractors, due to the change in foreign worker levy policy by the government.
KUALA LUMPUR (Jan 9): Malaysian real estate investment trusts (REITs) have had a stable ride over the past year as they are viewed as a preferred safe haven amid the current market volatility.