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Malaysia: Rehda finds hope in housing market outlook despite negatives

Posted on 27 September 2011

The Real Estate and Housing Developers’ Association Malaysia (Rehda) is “cautiously optimistic” of the housing market outlook in the first half of next year despite a marked increase in building material and labour costs as well as a slowdown in economic activity.
A Rehda survey found that 41% of the developers who responded were optimistic of the first six months of 2012 compared with the second half of this year, where 48% said they were optimistic……………………………………….Full Article: Source


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