Consumers likely to hold back on purchase due to GST, say developers

Gearing up: Hoarding surrounding the Starhub project site is up to get ready for construction.

DEVELOPERS foresee a slowdown in sales of commercial properties, at least in the immediate future, with the implementation of the Goods and Services Tax (GST).

Pyhomes Realty Sdn Bhd managing director Chan Hoong Mun said sales would be affected with purchasers having to pay more.