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Malaysia: Housing market to face tough year ahead

Posted on 09 January 2012

The upmarket segment of the housing market faces a tough 12 months as it battles a possible oversupply of new homes and the effects of the recent cooling measures. Thousands of units already launched are still awaiting buyers while developers might be considering delaying further launches until things pick up.

The saving grace is that interest rates remain low, and many property firms are cashed up from the bumper market in recent years so they can ride out the slump………………………………………Full Article: Source


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