Insight - Developers ready to deal with rising prices

UEM Sunrise Bhd sees that the increase in prices of building materials will definitely reduce the development’s profitability to the company.

RISING prices of building materials will impact profitability of property developers who will try to avoid passing on the costs to consumers.

Through various strategies to reduce cost fluctuations, developers hope to improve their cost management while the usage of innovative modelling and planning tools will enable them to design and construct more efficiently and sustainably.