Correction anticipated in uncharted waters


Sittampalam: ‘Price growth decelerated in 2014 and is expected to further decelerate in 2015’.

THE year 2014 saw a number of government initiatives help to put the brakes on escalating property prices. While these have slowed the quantum of price increases, the cost of homes continue to be remain stubbornly high and issues on affordability persist.

No longer are high prices associated only with properties in the Klang Valley, Penang and Johor. The trend has crept into other major towns.

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