Most experts rule out the possibility of a property crash

Survey revealed: (from left) Rehda patron Datuk Ng Seing Liong, president Datuk Seri FD Iskandar, Soam and vice-president Datuk Anthony Cho Tian Han at the launch of Rehda’s property industry survey.

AT a property forum recently, a participant asked a panel of five speakers if Malaysia was already looking at a crash in the property sector.

“There are fewer launches. More than 60% of loan applications are rejected by the banks and fewer units are being sold today. Are we in a property crash?” he asked during a question-and-answer session at the Property Market 2016: What to Expect? forum session organised by the Real Estate and Housing Developers Association (Rehda).