Measures to help lower unsold property units


File pic shows potential house buyers Jester Ooi (foreground second left) and ST Wan (second right) being assisted by Utopia project property advisor Danish Lim (right) and Jayeinn Goh (left) during the StarProperty.my Fair 2019 at Sunway Carnivall Mall in Seberang Jaya. - Starpic by MUSTAFA AHMAD/The Star

THE slew of measures to revive the property sector will help to reduce the country’s stock of unsold units as well as assist the lower-income group with financing, the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector (PEPS) and other real estate personnel say.

However, industrial sources say some of the proposals should be carefully thought out and their implications considered over a longer period of time.

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