Challenging times to continue for property market

The property sector in Johor is expected to face challenging times next couple of years due to effects of the on-going Covid-19 pandemic.

THE next couple of years will be the most challenging for property developers in Johor because of the economic slowdown brought about by the Covid-19 pandemic.

Real Estate and Housing Developers Association (Rehda) Johor branch deputy chairman Ku Hwa Seng said the situation was likely to be even worse than a year ago when Covid-19 first hit most parts of the world.