ADVERTISEMENT

Cooling measures reduces property transactions but prices keep uptrend


PETALING JAYA: The measures to cool the property market may have weeded out a large part of speculative activities but they have not succeeded in curbing rising prices, says Malaysian Institute of Estate Agents (MIEA) president Siva Shanker.

“The number of transactions has come down but prices continue to rise steadily,” he said at the Property Investment Convention 2014.

Economy , prop

   

ADVERTISEMENT