Developers going for affordable housing projects


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PETALING JAYA: The property market is starting to see a tapering down in overhang inventory levels, as developers switch to affordable houses.

AmInvestment Bank said the national residential overhang had tapered down by 8% year-on-year to 27,468 unsold units in the first quarter of 2021, translating into RM18.5bil compared with RM18.9bil in the previous corresponding period.

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