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Tag: how many unsold properties

Overhang properties up means property prices down?

Sep 24, 2022

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by

Charles Tan

in ABCs of Property Investment, Basics – Property Investment, KL and Selangor Property, Kuala Lumpur / Selangor Props, Uncategorised

Let’s look at the Total Overhang Units to have an idea how many residential units are actually classified as overhang. Overhang property unit is defined as units that have received their Certificate of Completion and Compliance but remain unsold for more than nine months after launch.