Property outlook optimistic but cautious: MIER


MIER's property survey suggests that confidence in property remained, but is trending downwards and implies cautiousness in the months ahead - EPA Photo.

KUALA LUMPUR: The Malaysian Institute of Economic Research’s Q3 residential property survey saw its residential property index (RPI) fall to the lowest level in four quarters but still staying above the 100-point demarcation level at 118 points.

It said this suggested confidence in property remained, but was trending downwards and implied cautiousness in the months ahead.

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