Increase in Residential Constructions To Drive the Construction Market In 2020, the value of construction work in Malaysia was valued at approximately 117.9 billion Malaysian ringgit, indicating a decrease from prior years due to the pandemic. The construction sector in Malaysia grew at a slower pace in 2019. In 2020, residential building construction by the public sector in Malaysia was valued at approximately 1.67 billion Malaysian ringgit. However, the public residential building construction market in Malaysia has been observing a strong growth until 2019 when it was valued at 1.9 billion Malaysian ringgit, rising from 1.46 billion Malaysian ringgit. In 2020, the value of residential building construction by the private sector in Malaysia was valued at approximately 37.26 billion Malaysian ringgit, down from 32.78 billion Malaysian ringgit in 2019.
The previous government had announced a total of 300,000 housing units through its various housing programs, such as 1Malaysia Civil Servants Housing project (PPA1M) which aimed to build 175,000 affordable housing units across the country, First House Deposit Financing, Program Rumah Mesra Rakyat, People's Housing Program (PPR), and Syarikat Perumahan Negara Berhad. These projects boost residential construction markets during the forecast period.
MAY 2020: According to Malaysia Airports Holdings Bhd (MAHB), The Subang Airport (SZB) car park will be upgraded and the project is expected to be completed by the third quarter of 2021 with the addition of 200 parking spaces bringing the total to 1,000. In the Subang Airport Redevelopment plan, MAHB aims to provide optimum growth potential for the commercial aviation and aerospace segment at the airport in line with the national plan.
FEB 2021: The Malaysian Association of Construction Contractors (MBAM) hopes the government can further improve the Interim Measures to Reduce the Impact of Coronavirus Disease Act 2019 (COVID-19) 2020 to offer better and permanent protection to construction industry players. On February 2, MBAM submitted a proposal to improve the act for the benefit of MBAM members and the construction industry to the Malaysian Construction Industry Development Board (CIDB) Malaysia.
You see, there is nothing wrong with Ages. It is just no one believe in this company anymore. No one believe in the management, the bosses and whatever plans they have for it. It is just rubbish. Good for nothing. I bought between 4 to 5 sen when it was falling and I am stuck between hold or sell.
I think all these people above is the same person. All cheer to con ppl. Looking solid...no risk....good industry outlook...good price to buy now. From 15sen value price until 4sen value price. From 15sen looking solid today until 4sen. From 15sen about to rocket until 4sen.
I mean, I invested reaaaal money into it so duhhhhhhh of coz I wan to see something good in it, meanwhile I’m got confused coz if u don’t believe, you won’t buy, hence you won’t be investor, and why waste time here :) we want it up, you want it down? :) nice try bruhh
Lol, flystocks69. Have you look at how pathetic you are. You created a single new user just to make obvious comments on certain stocks. Judging from how obsessive you are, you are definitely suffering from some poor mental state.
Huge loss when u buy at the wrong price dude 69, it’s the same for every counters. I suggest u lie low and see how stock market works before u start moving ur mouse to buy/sell, and also your mouth
Alamak, u cerita pungpangpungpang serupa analyst EPF..fundamental la, ape la.. ini stock tunggu orang beli sebab mau tunggu goreng maaa.. nanti bila sudah goreng u confirm pun akan main.. puihhh
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
unclekyyisbest
401 posts
Posted by unclekyyisbest > 2022-01-17 11:16 | Report Abuse
Increase in Residential Constructions To Drive the Construction Market
In 2020, the value of construction work in Malaysia was valued at approximately 117.9 billion Malaysian ringgit, indicating a decrease from prior years due to the pandemic. The construction sector in Malaysia grew at a slower pace in 2019. In 2020, residential building construction by the public sector in Malaysia was valued at approximately 1.67 billion Malaysian ringgit. However, the public residential building construction market in Malaysia has been observing a strong growth until 2019 when it was valued at 1.9 billion Malaysian ringgit, rising from 1.46 billion Malaysian ringgit. In 2020, the value of residential building construction by the private sector in Malaysia was valued at approximately 37.26 billion Malaysian ringgit, down from 32.78 billion Malaysian ringgit in 2019.
The previous government had announced a total of 300,000 housing units through its various housing programs, such as 1Malaysia Civil Servants Housing project (PPA1M) which aimed to build 175,000 affordable housing units across the country, First House Deposit Financing, Program Rumah Mesra Rakyat, People's Housing Program (PPR), and Syarikat Perumahan Negara Berhad. These projects boost residential construction markets during the forecast period.