Tag: propertyguru impact of slower gdo growth

IMPACT OF SLOWER GDP GROWTH ON THE PROPERTY MARKET by: Sheldon Fernandez, Country Manager, PropertyGuru Malaysia The slowdown in gross domestic product (GDP) growth to 4.3% is well below earlier estimates of 4.8%, and more recent projections of 4.5%. This is in line with our neutral outlook for property this year, with strong macroeconomic headwinds. Slower economic…