Daily Industry News Update (24 November 2021)

INDUSTRY NEWS (24 November 2021)

Residential Overhang Volume, Value Down In Q3 2021

Deputy Housing and Local Government Minister Datuk Seri Ismail Abdul Mutalib told the Dewan Rakyat on Tuesday (23 November) that there were 30,290 unsold completed residential units worth RM19.75 billion nationwide in Q3 2021, reported Bernama.

National Affordable Housing Council To Be Reactivated

Prime Minister Datuk Seri Ismail Sabri Yaakob will chair the council, which will comprise 15 implementing agencies as well as state

SP Setia books profit for 3Q21 despite lockdown

SP SETIA Bhd stated that the favourable sales momentum enabled it to post a net profit of RM11 million for the third quarter ended Sept 30, 2021, (3Q21) as compared to the net loss of RM267 million the property