Fateh: ’ We do not see any improvement at least until in the first half of 2017.’
KUALA LUMPUR: The property market is expected to remain subdued in 2017 mired by issues such as unaffordability, high rejection of loan applications and macro-economic issues such as rising living costs and smaller growth in incomes.
Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri Fateh Iskandar Mohamed Mansor said the challenging trend from last year, which saw a significant drop in property offerings, was expected to continue to at least in the first half of next year.
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