Property developers advised to address demand for affordable housing

Deputy Finance Minister Datuk Chua Tee Yong (right) receiving the Property Market Report 2014 by Valuation and Property Services Department director-general Faizan Abdul Rahman at the launching ceremony at the National Institute of Valuation in Kajang on April 14, 2015. - IZZRAFIQ ALIAS / The Star

PETALING JAYA: Property developers will do well to pick up on market demand for residential properties ranging between RM200,000 and RM500,000.

“Looking at the statistics, I’m sure property players will know how to respond to market needs for affordable housing this year,” Deputy Finance Minister Datuk Chua Tee Yong told the press at the launch of the Malaysian Property Market 2014 report.