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Real Estate Briefing - Categorized | Developers, Market Moves more

Malaysia property market not ready for BTS concept

Posted on 02 April 2012

The Master Builders Association of Malaysia (MBAM) says the Malaysian property market is not ready for the implementation of the build-then-sell (BTS) model on a compulsory basis.
MBAM president Kwan Foh Kwai said property development was a very capital-intensive business with many of the players comprising small-and-medium enterprises. “I don’t object to the model, but until there is a giant property company with the financial capacity to do business using the BTS concept completely, our market is not ready for it,” he told Bernama in an interview………………………………………..Full Article: Source


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