PETALING JAYA: The fundamentals of the construction sector will remain weak in the second half of this year as only about 25% of construction activity has been activated, post movement control order (MCO).
CGS-CIMB said this in a report, citing Real Estate and Housing Developers Association (REHDA) president Datuk Soam Heng Choon who spoke to construction analysts via a recent webinar.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!