A coalition of significant Sarawak construction and development organisations has collectively urged building-material suppliers to clarify the recent steep price hikes, cautioning that unchecked cost escalations jeopardise active projects and affordable housing statewide.

In an open letter sent to roughly 50 prominent vendors, the Master Builders Association Sarawak, the Sarawak Contractors Association, the Sarawak Housing and Real Estate Developers Association, and the Sarawak Timber Association requested a comprehensive breakdown of expenses—covering raw material sourcing, shipping and handling, currency fluctuations, and any additional surcharges—that have driven up the costs of steel rebar, cement, plywood, and related products. Vendors have been given a two-week window to submit corroborating documents, such as purchase orders and freight invoices.

“As construction expenditures surge, developers and contractors are finding it increasingly challenging to meet current contracts without renegotiation,” stated a representative of the industry alliance. “Complete transparency is essential for us to collaborate on solutions—whether through bulk-purchase discounts, fixed-price accords, or government-supported relief—to ensure projects proceed smoothly and housing remains within reach for Sarawakians.”

If suppliers do not provide the required evidence within the specified period, the associations warned they will escalate the issue by filing formal grievances with the Sarawak Public Works Department and the Construction Industry Development Board Sarawak. They also appealed to state authorities to explore interim measures—such as capping export quotas on timber and steel—to stabilise the domestic supply and protect local construction from further price fluctuations.

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Note: This piece was auto-fetched from trusted news outlets. The details provided are for general informational purposes only. Always confirm project specifics, pricing, and investment choices with licensed property agents or official developers.