'Extremely' challenging year for developer


Jarnell: ‘The sector is definitely moving into slower growth.’

There are too many offices, malls, hotels and high-rise residentials and few affordable housing projects

IT was a somewhat sombre 8th Malaysian Property Summit on Wednesday with property consultants and a taxman highlighting how prices will move post-goods and services tax (GST) as a result of an over supply in most sub-segments. There will be more clarity by the middle of the year.

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