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Malaysian secondary home market to remain slow in H1

Posted on 15 April 2013

Demand in Malaysia’s secondary property market is expected to remain slow during the first half of this year, a reflection of last year’s trend due to Bank Negara’s lending guidelines, The Star newspaper says.
Quoting Property Hub Sdn Bhd resident manager Wan Choy Heng, the daily said the situation was expected to remain slow as house buyers preferred project launches that come with a developer’s interest bearing scheme (DIBS), in which the developer will bear the interest of the loans until the property is completed………………………………………..Full Article: Source


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