'Extremely' challenging year for developer


Jarnell: ‘The sector is definitely moving into slower growth.’

There are too many offices, malls, hotels and high-rise residentials and few affordable housing projects

IT was a somewhat sombre 8th Malaysian Property Summit on Wednesday with property consultants and a taxman highlighting how prices will move post-goods and services tax (GST) as a result of an over supply in most sub-segments. There will be more clarity by the middle of the year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , property

Next In Business News

Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Luxury stocks set for revival
Beyond price and prestige
Asia-Pacific ratings hold firm
Supermarts in the express lane
Gold rush rolls on
Stake sales for national goals
Evolution hits the runway
Rising DRAM prices may hit consumers
Pet shop joys

Others Also Read