The benchmark KL construction index has plunged 28.9% since the 14th general election to close at 199.76 points yesterday.

We believe MRCB would not be affected if Prasarana could not raise additional funds for the said LRT3 project as our forecasts are based on the approved construction fees of RM9 billion instead of RM15 billion.

Questions you must not ignore when purchasing a property.

The government has acted to cool the red hot residential property market. Additional Buyer’s Stamp Duty (ABSD) rates have been raised for some categories of residential property purchases, and the Loan-to-Value (LTV) limits on residential property purchases have been lowered, all with effect from 6 July 2018.

Occupancy rates at Sunway Pyramid, Carnival and Putra Mall have remained stable at 99%, 97% and 90% respectively.

The suspension was invoked on the grounds of “national interest”, according to MRL. It will be in effect indefinitely, or until MRL provides further instructions to CCCC.

It is a buyers’ market out there and definitely a good time to buy.

There has been a long ongoing debate on form versus function but advancements in construction and green technology are allowing property developers to come up with buildings and structures that are both aesthetically pleasing and sustainable in the long-run.

More buyers are taking a stab at these properties despite powerful superstitions over the lingering spirits of those who were killed or had completed suicides as homes increasingly grow out of reach beyond the average Hong Konger.

Slowdown or not, there are still multi-million ringgit deals to be made and last year saw its fair share of real estate transactions of above RM10 million each.