KUALA LUMPUR: There is an urgent need for real and actual house prices to be quoted in the primary market unlike the current practice where only the developer and the buyer are privy to the actual price as a result of various rebates, discounts and freebies being given, say valuers, property real estate personnel and researchers.
“There has to be price discovery and transparency in the market, ” said Datuk Siders Sittampalam, who was moderating at the Housing & Valuation Conference 2019 organised by the Malaysian Public Sector Valuers Association.