40pct rise in construction costs may push up house prices

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KUALA LUMPUR: A potential 40 per cent spike in construction costs, fuelled by prolonged conflict in the Middle East, is expected to drive up property prices as developers struggle to mitigate rising material costs.

Mohd Hawarie Tan Muzi, chairman of the Malaysian Housing Contractors Association in Perak and a central committee member, said these projections depend on…

Petikan dari akhbar online New Straits Times, 28 Mac 2026. Baca selanjutnya di sini.

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