Sarawak property, construction sectors remain active despite rising costs, says Sheda adviser

🌐 Borneo Post (MY) —
Sarawak property, construction sectors remain active despite rising costs, says Sheda adviser

AI Summary

Despite rising construction costs, Sarawak's property and construction sectors remain active as developers and contractors adapt to market pressures. The regional market exhibits resilience in Malaysia's economic landscape.

KUCHING (June 20): Sarawak’s property and construction sectors remain active despite rising construction expenses, with market activity continuing as developers and contractors adjust to higher input costs, said Dato Sim Kiang Chiok. The Sarawak Housing and Real Estate Developers’ Association (Sheda) adviser said construction costs in Kuching and across Sarawak had come under pressure due [...] The post Sarawak property, construction sectors remain active despite rising costs, says Sheda adviser appeared first on Borneo Post Online.

World Markets Deals Real Estate Sarawak property market construction sector rising costs market activity real estate development Malaysia

Read original source →