Property market set to end on weak note


KUALA LUMPUR: The year ends on yet another gloomy note for the Malaysian property market as both the residential and commercial segments saw an extension of the downward purchasing momentum from 2015.

Past President of the Malaysian Institute of Estate Agents (MIEA) Siva Shanker opined that the property market had reached the bottom of its cycle in 2016 after being in a slowdown mode since 2012.

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