Challenging times in Johor and Penang

Cautious investors: With the volatility of the ringgit, Singaporeans will be cautious with any investments in Johor, according to KGV International Property Consultants (M) Sdn Bhd director Samuel Tan.

THE slowdown in the current property sector has seen transactions, be it primary or secondary, winding down within the Klang Valley this year.

Unfortunately, the situation in other prime markets, such as Johor and Penang, has been less than stellar this year – with industry specialists predicting it could take a while for the glut to recover.