Johor has the most unsold properties in the nation

Bank Negara lowered the OPR by 25bps to 3% on Tuesday. Based on historical trends, CGSCIMB said this is likely to result in banks lowering their indicative lending rates.

JOHOR BARU: Johor has the highest number of unsold completed properties in Malaysia over the last two years with 6,066 units left without buyers.

State Housing, Communications and Multimedia Committee chairman Dzulkefly Ahmad said the combined value of these units amounted to RM4.068bil.“Nearly 60% of these units are priced at RM500,000 and above.