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Malaysia: Demand for luxury residential properties expected to turn cautious

Posted on 07 November 2011

Demand for luxury residential properties is expected to turn cautious, given greater economic uncertainties and a tightening of credit by banks, DTZ Research said in its latest Property Times market report.
In the report for Kuala Lumpur for the third quarter, the research house said there would be an increasing downside risk on prices at the higher end of the market if the conditions got worse next year………………………………………..Full Article: Source


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