PETALING JAYA: There is no great risk of any severe downturn in the residential sub-sector of the property market even though there is a slowdown in the broader property market at present, said property consultancy Khong & Jaafar managing director Elvin Fernandez.
“The severity of the downturn varies from sub-sector to sub-sector, from location to location and from one property type to another. The (entire) property market cannot be said to be in the doldrums,” he said.
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