Residential property overhang seen easing

Koe: The market will reward development concepts that are innovative and creative in terms of design and lifestyle that are specially tailored for end users.

THE Malaysian residential property market saw a slight improvement in its overhang situation last year, mainly due to a slowdown in transactions as a result of the global pandemic.

Going into 2021, while there is still a fair bit of uncertainty out there, property consultants are cautiously optimistic that the level of residential overhang can be eased further.