Malaysian property prices remain steady

Property report: Othman officiating at the launch of the Valuation & Property Services Department’s Property Market Report 2016. With him is Rahah.

KAJANG: House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units.

According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential property continued to grow, albeit moderately despite the current market glut.