Strong demand for affordable homes


Property outlook: (from left) Foo, Rahah and PEPS executive committee member Elvin Fernandez at the 10th Malaysian Property Summit 2017.

KUALA LUMPUR: Affordable housing will continue to lead demand in the residential segment of the property market, amid expectations that sentiment will remain soft this year.

Finance Ministry valuation and property services director-general Rahah Ismail said despite the challenging economic environment, the demand in the residential segment, particularly for houses ranging between RM200,000 and RM250,000, will remain strong.

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