INDUSTRY NEWS (22 December 2021)
What is the Build then Sell 10:90 (BTS 10:90) concept and how can it help the housing industry?
There has been some confusion over the Build then Sell system in the news recently – According to Housing & Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina, only 4 property developers in Malaysia are able to carry out the BTS concept.
China Communications Construction Group confident on high-end property prospects in 2022
China Communications Construction Group (CCCG) said the worst is most likely over for the high-end property
Gamuda 1Q net profit down 29% q-o-q to RM152 mil; declares six sen dividend
Gamuda Bhd’s net profit for the first quarter ended Oct 31, 2021 (1QFY22) fell 28.83% quarter-on-quarter (q-o-q) to RM152.37 million from RM214.08