Regulate the property market


Faliq: ‘The solution to the oversupply situation has to be a joint effort by all parties involved in order to appeal to buyers.’

KUALA LUMPUR: The government needs to urgently take more proactive steps to address and stabilise the current oversupply in the property industry with more regulations to ensure its sustainability, says privately owned bumiputra developer Naza TTDI Sdn Bhd.

“Despite all these (reports of empty office space), the government keeps on releasing more office space in Kuala Lumpur. This is a challenge for us.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China's yuan nears three-week low on Trump's latest tariff hikes
Singapore's Paragon REIT gets buyout offer valuing it at US$2bil
Malaysia’s prime office market stays resilient amid regional headwinds
Gold soars, stocks sanguine as investors weigh Trump's latest tariff threat
Johari: More involvement from industry players, smallholders needed to boost national cocoa production
Oil diplomacy under the spotlight in India amid rising tide of sanctions
Trump says he will announce reciprocal tariffs over next two days
Elon Musk-led group makes US$97.4bil bid for control of OpenAI
‘Ne Zha 2’ smashes box office records, hits US$1bil
Yiwu market reopens, welcomes innovation

Others Also Read