Govt urged to monitor affordability of house prices in private market
“Government assistance is usually given when the price of houses supplied by the private market sector fails to meet the needs of the poor.
Main Market-listed Kitacon says no impact from property overhang issue, rises 46% on debut
Kitacon is a G7 building construction contractor involved in the construction of buildings in Malaysia.
Construction groups want govt to probe latest cement price increase
“Further testing of the melting points of the construction builders’ sustainability is strongly not encouraged in both the short-term and long[-term] future.
Australia’s house prices see steepest drop in four decades
Rapidly rising interest rates are also expected to drive further falls going forward.
UEM Sunrise says no profit erosion from construction cost hike this year
KUALA LUMPUR (May 26): UEM Sunrise Bhd chief executive officer Sufian Abdullah said on Thursday that the hike in construction cost is not eroding the group's profitability for the financial year ended Dec 31, 2022 (FY22).
Reducing compliance costs key for sustainable house prices, says REHDA Institute's latest report
PETALING JAYA (March 24): The Real Estate and Housing Developers' Association (REHDA) Institute launched its “Housing Forward — Understanding Costs and Sustainable Prices” research report at its Regional Housing Conference held at Sunway Resort in Bandar Sunway on Thursday (March 24).
Cahya Mata unit raises cement prices amid rising production cost
KUALA LUMPUR (Feb 14): Cahya Mata Sarawak Bhd (CMS) said its wholly-owned subsidiary, CMS Cement Industries Sdn Bhd, will raise its price of cement by an average of 10% subject to product types and location.
Malaysia's October 2021 inflation at 2.9% year-on-year — DOSM
KUALA LUMPUR (Nov 26): Malaysia's inflation, as measured by the Consumer Price Index (CPI), increased 2.
SunCon 3Q net profit down 19%, dragged by MCO, higher steel prices
KUALA LUMPUR (Nov 19): Sunway Construction Group Bhd's (SunCon) third quarter (3Q) net profit fell 19.
Economic Report 2021/2022: Malaysia's inflation set to moderate to 2.1% in 2022 on better economic prospects, stable oil prices
KUALA LUMPUR (Oct 29): Malaysia's inflation, measured by the consumer price index (CPI), is expected to moderate from current levels to 2.
