Real estate prospects continue to perk up

Savills Malaysia Sdn Bhd group managing director Datuk Paul Khong.

WHILE the outlook for the real estate sector continues to improve, property buyers and investors will still need to stay observant of potential factors that could adversely affect the market.

Savills Malaysia Sdn Bhd group managing director Datuk Paul Khong notes that the implementation of the national fuel subsidy rationalisation plan will increase transportation costs, thus forcing up property prices.