NEWLY-LAUNCHED property units are not flying off the booking boards in the showrooms this year, but sales are “at a healthy level”, according to Orando Holdings Sdn Bhd managing director Datuk Eng Wei Chun.
Having entered the property development scene in 2005, Orando has witnessed the peak of the Malaysian property market when launches were sold out within days or even hours as well as the softening of the market as Bank Negara tightened the reins on financing.
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