More new launches next year


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KUALA LUMPUR: A majority of developers are holding back on new launches for the remainder of the year in anticipation of better prospects for 2022, according to the latest property survey by the Real Estate and Housing Developers’ Association (Rehda).

The survey, which comprised 180 participants from all over Peninsular Malaysia, revealed that 22% of respondents were optimistic about the first half of 2022, compared with just 6% who felt the same way about the second half of 2021.

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