Property agents see opportunities from residential overhang


Class act: Yau Long (left) receiving the Excellence Agency (Four Stars) Award from Star Media Group Bhd CEO and MD Datuk Seri Wong Chun Wai at the Star Property Real Estate Awards 2018 gala night.

KUALA LUMPUR: Property agents view the country’s residential overhang as an opportunity to sell, real estate agency Cornerstone Realty executive director Wong Yau Long said.

Wong expects the overhang situation in the country to remain unchanged until next year. The situation is unlikely to worsen, however, because developers have adjusted their plans and are holding back on launches.

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