MBSB: Supply glut in high-end property

(from left) Malaysia Building Society Bhd (MBSB) senior VP Datuk Nor Azam M Taib, president and CEO Datuk Seri Ahmad Zaini Othman, Solar Management (Seremban) Sdn Bhd director Tee Cheng Hua and director Jane Tee at the signing ceremony.

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) president and chief executive Datuk Seri Ahmad Zaini Othman says there is a supply glut in the high-end property segment.

“Sentiment for affordable houses is there, but there is a bit of a glut in the high-end properties.