Affordability still a thorny issue

The market dynamics now depend on factors such as the quality of the product, location and target market.

KUALA LUMPUR: Affordability continues to remain a thorny issue among home buyers in the property market, according to real estate consultancy firm Rahim & Co International Property Consultants Sdn Bhd.

Its director of research Sulaiman Akhmady Mohd Saheh said the residential market has become more polarised and as such, it is no longer accurate to assume that only affordable properties will sell while the higher-end ones won’t, as the market dynamics now depends on factors such as the quality of the product, location and target market.