No property oversupply in KL, no residential project moratorium, says Zaliha


KUALA LUMPUR: There is no oversupply of property in Kuala Lumpur and there will be no moratorium on residential projects in the city, says Datuk Seri Dr Zaliha Mustafa.

She said in reply to a question from Young Syefura Othman (PH–Bentong) that the notion of an oversupply of property in Kuala Lumpur is not entirely accurate, as there was a 10.3% decrease in unsold properties compared to previous years.

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