Moderate uptick in industrial property


Raine & Horne Malaysia senior partner Michael Geh(pic) told StarBiz that the projection was based on the National Property Information Centre

GEORGE TOWN: Despite the prevailing economic uncertainties, industrial property sales in Malaysia are expected to increase at a moderate pace next year, while the increase in value of transactions is projected to stay at a low single-digit percentage.

According to Raine & Horne Malaysia senior partner Michael Geh, the projection was based on the National Property Information Centre’s (Napic) third-quarter 2017 report.

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