Daily Industry News Update (15 October 2021)

INDUSTRY NEWS (15 OCTOBER 2021)

Rehda estimates more than RM60b development expenditure in Budget 2022 – CGS-CIMB

Real Estate and Housing Developers’ Association Malaysia (REHDA) has estimated the targeted development expenditure (DE) for Budget 2022 to be between RM60 billion and RM65 billion and may feature the roll-over of unutilised DE for 2021.

MRT3 project uncertainties casting dark clouds for construction sector

THE soon-to-be-tabled Budget 2022 must provide a clearer implementation plan relating to the RM400 bil development expenditure (DE) earmarked under the 12th Malaysia

Don’t appeal against ruling on eviction case, developer urged

A real estate company has been asked not to appeal a ruling by the Shah Alam High Court that favoured the residents of Kampung Jalan Papar who had faced