Tough market for condos in Klang Valley

Challenging outlook: A weak rental market for high-end condos and apartments is expected over the next two years.

PETALING JAYA: The market for condominiums in the Klang Valley is expected to be more challenging over the next two years, due mainly to the large incoming supply scheduled for completion this year and in 2017.

Henry Butcher Real Estate Sdn Bhd chief operating officer Tan Chee Meng said the demand for non-landed properties is expected to be weaker than that for landed properties.