Tag: slowdown in property market Malaysia
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Getting worse? Overhang growing by 44%. (14,792 units!)
When overhang grows it is not a good sign. If market is healthy the overhang would continue to reduce and not keep going up. According to National Property Information Centre (Napic) in an article in Theedgeproperty today, value of transactions for 2016 has dropped 3 percent to RM145.1 billion. It was RM149.9 billion a year ago.…