INDUSTRY NEWS (26 JUNE 2021)
‘Yearly spike in logistic costs will burden house buyers in Sabah’
The yearly surge in prices of imported building materials could dampen efforts to keep house prices down. Sabah Housing and Real Estate Developers Association (Shareda) president Datuk Chua Soon Ping said the increase in freight charges will further burden the already increasing
Contractors down tools over supply chain disruption
It has been an “open secret” that housing developers “artificially” inflate property prices and then offer rebates to buyers to help offset the 10% down payment. This could purportedly help buyers secure 100% end-financing as Bank Negara Malaysia (BNM) has, in 2013,
Key market risks to investor sentiment to persist into second half
Notwithstanding the Covid-19 pandemic , global markets have been stable in the first half in anticipation of stronger growth ahead . However, given the current conditions, analysts are more cautious about Bursa Malaysia’s prospects in the second half as, while the y expect the
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