Property market to take a breather


PETALING JAYA: The property market might need at least two years to digest and recover from the various cooling measures that came into effect this month, but expect it to surge again in 2016, say industry officials.

According to Malaysian Institute of Estate Agents president Siva Shanker, 2014 will be a tough year for sales, but the market may find its footing next year and catch the next upcycle in 2016.

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Business , Property , Siva Shanker

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