KUALA LUMPUR: The outlook for the domestic construction sector looks positive in the fourth quarter, but the roll-out of major projects will likely only happen next year, analysts and industry players said.

The Real Estate and Housing Developers’ Association Malaysia (Rehda) and Master Builders Association Malaysia (MBAM) are appealing against the Government’s recent decision to apply ad valorem stamp duty of 0.5% for second-tier private as well as Government contracts from RM10 previously. In a statement, Rehda urged the Government to abolish this imposition as it was burdening members of the building fraternity, including contractors, consultants and developers.