Is the property sector really down?

Damansara Heights proximity to the city of Kuala Lumpur, and its many bungalows set among much greenery, has made it one of the Kuala Lumpurs most prestigious address.

Cooling measures, GST, falling ringgit,uncertain politics and oversupply are unsettling the market.

THE situation in the current property market can almost be likened to a “perfect storm” – an expression that describes a drastic situation that is caused by a combination of (often rare) circumstances.