Rising construction costs could push up housing prices, contractors warn
The Master Builders Association Malaysia warns that rising construction costs may lead to higher property prices. Construction cost pressures are the cause. This may affect the property market nationwide.
What it means for buyers, tenants and investorsBuyers of new properties may face higher prices due to increased construction costs, and should check the prices of their desired properties for any changes.
What it means for Japanese buyers
Rising construction costs may increase housing prices in Malaysia.
This could affect Japanese buyers, especially those purchasing above the minimum RM1 million in Kuala Lumpur.
Buyers should check with the developer for updated prices and costs.
Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.
Key facts
| Areas | Nationwide |
|---|---|
| Section | Property market |
| Date | |
| Source | The Sun ↗ |
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