Solving the residential housing overhang problem

  • Property Premium
  • Saturday, 17 Nov 2018

Citing the National Property Information Centre (NAPIC) data, it said the secondary property market makes up about 80 per cent of all residential property transactions in the country, compared to around 20 per cent of new properties (the primary market).

THE recent budget saw the Pakatan Harapan government announcing several measures addressing issues facing the local property sector.

Among the more talked-about is the crowdfunding peer-to-peer platform to help ease the overhang facing the country. Whether this alternative to finance housing will help, only time will tell as more details filter out over the next couple of weeks.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Property , results , earnings


Next In Business News

Ringgit seen trading range-bound at RM4.38-RM4.40 against US dollar next week Premium
CPO futures on cautious tone next week Premium
PetChem finds good fit in Sweden’s Perstorp Premium
Short Position - CPO prices, Green hydrogen in Malaysia Premium
Chin Hin Group continues M&A spree Premium
Recovery theme sustains short-term interest in M-REITs Premium
New vehicle sales down 3.6% in April Premium
Khazanah in S. Korean partnership with SK ecoplant Premium
Higher palm oil price boost for Sime Darby Premium
Pharmaniaga’s quarterly revenue rises 21.26% Premium

Others Also Read