Sim: Demand to determine property prices more than GST


Market talk: Sim in the association's premises in Kuching yesterday. - ZULAZHAR SHEBLEE / The Star

KUCHING: Public demand will determine property prices more than the Goods and Services Tax (GST), which is due for implementation a year from now.

“The market sentiment now is quite mixed. It is in transition,” said Sarawak Housing and Real Estate Developers Association (Sheda) secretary-general Sim Kian Chiok. “As such, demand will continue to play a greater role in determining prices.”

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