Developers baffled by overhang


Real Estate and Housing Developers’ Association (Rehda) Malaysia vice-president Zulkifly Garib (pic) said: “The overhang is an accumulation of many years. We need to understand the kind of products that comprise the overhang.

PETALING JAYA: Developers are scratching their heads as to why the most affordable units priced RM300,000 and below form the largest segment of total unsold residential units.

Real Estate and Housing Developers’ Association (Rehda) Malaysia vice-president Zulkifly Garib (pic) said: “The overhang is an accumulation of many years. We need to understand the kind of products that comprise the overhang.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Developers , overhang , property , construction , Rehda ,

Next In Business News

European stocks clinch best year since 2021�
Xi promises more proactive macro policies
Crest aims to ride semiconductor momentum
Gold futures end 2025 easier, in sync with Comex�
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO
Washington approves TSMC chip shipments to China
Oyo Hotels’ parent files confidential IPO in India
Dollar posts worst year since 2017�
Beijing buys two-thirds of pledged US soybeans
China AI chip firm Biren raises US$717mil in Hong Kong IPO

Others Also Read