Softer outlook for property


To a question on whether house prices were in a bubble, she defined a bubble as an exorbitant unsustainable price increase.

PUTRAJAYA: The National Property Information Centre (Napic) sees another challenging year for the sector next year, with the outlook continuing “to soften” moving forward.

Completed-but-unsold residential units ballooned to RM12.26bil for the first half of this year from about RM8.56bil a year ago (2015: RM4.92bil).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Alibaba, Abu Dhabi back AI startup MiniMax’s IPO
Foreign investors dump bonds amid rupee slide
NCT Alliance gets nod for acquisition
Beijing issues early 2026 investment plan�
Nor Zahidi continues as MPC member
Stronger outlook for card payments until 2029
Fini boss forecasts huge increase in nickel demand
Johor data centre water demand to accelerate
Official reserve assets total US$124bil, says BNM
KKR bid to take Yomeishu private is derailed by top shareholder

Others Also Read