Properties And Contracting Business Companies in Malaysia

There are many different types of businesses in Malaysia, but two of the most common are properties and contracting companies. Properties companies are responsible for the management and sale of real estate, while contracting companies provide a variety of services such as construction, renovation, and repairs.

Both types of businesses are regulated by the Malaysian government. Properties companies must be registered with the Board of Valuers, Appraisers, and Estate Agents, while contracting companies must be registered with the Construction Industry Development Board.

Properties companies typically make their money by charging commission on the sale of property, or by charging management fees to property owners. Contracting companies, on the other hand, make their money by charging for their services.

The Malaysian government offers a number of incentives to encourage properties and contracting companies to do business in the country. These incentives include tax breaks, loans, and grants.

The Malaysian property market is booming, and there is a high demand for both properties and contracting services. As a result, these businesses are expected to continue to grow in the coming years.