Move to reveal overhang details runs into barriers


PETALING JAYA: The government has looked into various measures to reduce the country’s ballooning number of unsold completed property units but these measures were not embraced by some, like Bank Negara and Real Estate Housing Developers’ Association (Rehda).

National Property Information Centre (Napic) director Aina Edayu Ahmad said that over the years, there has been a proposal to publicise the unsold completed units, their pricing, the number of units, right down to the location of the schemes in the Napic portal.

Unlock 30% Savings on Ad-Free Access Now!

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!
property , construction , overhang , government ,

Next In Business News

OCBC commits RM11bil, aiming to add RM3bil to boost Johor’s economy
Ringgit expected to stay defensive due to middle east conflict
Blacklisting is not a cure�
The material shift: From traditional to sustainable
Check the foundation before buying
Celebrating a new era of creativity at d Conference and d Awards 2025
HK bets future�on tech zone
Gold - glittering or flittering?�
Clarity, selectivity and patience urged
No love for Paris as Europe parties on

Others Also Read