Sluggish property market predicted for next year

Malaysian Institute of Estate Agents (MIEA) Johor chairman-elect Sr Chia Zi (front, second right) with MIEA Johor chairman Susan Tan (front, second left) with their committee members.

JOHOR BARU: The property market in the country is expected to go slow due to the looming recession that is predicted to occur next year.

Malaysian Institute of Estate Agents (MIEA) Johor chairman-elect Sr Chia Zi Jin said that the market also depended on the motion of the buyers, either to buy properties for investment or speculation.