INDUSTRY NEWS (5 OCTOBER 2021)
“Property sector plagued by affordability, policy and oversupply issues”
ALTHOUGH Johor remains the state with highest unsold property units at 43,000 as of 1H 2021, the Klang Valley is also emerging as a hotspot for unsold units. According to Kenanga Research, unsold property units in Kuala Lumpur have tripled while those in Selangor have more than doubled since 2015.
Provision of affordable housing: Mandatory policy should be ‘relooked’, says Rehda
The mandatory policy of provision of affordable housing should be “relooked”, Real Estate and Housing
Driven by pandemic, terrace houses most popular to rent in H1 2021
The year-on-year demand for terrace houses rose by a “significant” 14.1% in the first half of 2021, marking a shift from H1 2020 when condominiums
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