Residential property value to drop this year


CH Williams Talhar & Wong’s (WTW) managing director Foo Gee Jen addressing the media on the outlook for the property sector in 2016, following the launch of the firms 2016 Property Market report on Jan 12.

KUALA LUMPUR: Transactions within the residential property sub-sector is likely to see flattish growth in 2016 as buyer sentiment continues to remain subdued this year.

CH Williams Talhar & Wong’s (WTW) managing director Foo Gee Jen (pic) said he expected to see a drop in residential property value and transaction volume this year compared with 2015.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Westports the leading lights
Don’t write off M-REITs yet
Bank Islam sticks to its target
Getting into Tune again
Falling property prices - a boon for buyers
Grey neighbourhoods: fit for the ageing
Ringgit seen holding steady against US dollar next week
Oil posts biggest weekly gains in over a year
Dow ends at record high on easing economic worries
Pestech in corporate exercise

Others Also Read