Property sector picking up the pieces in 2021

According to the National Property Information Centre (Napic), a total of 30,290 completed houses worth RM19.75bil were unsold in the third quarter of 2021.

KUALA LUMPUR: The property sector’s recovery path remained uneven in 2021, albeit some green shots towards the fourth quarter with a marginal rebound in sales.

But the issue of overhang and unsold units remained elevated, coupled with the rising cost of living that would put purchase plans on the back-burner.