08.11.2011 - Investors in Malaysia starting to tread cautiously
DTZ Research house is expecting a more cautious approach from investors towards property due to the current economic climate. High end properties in Kuala Lumpur could suffer from a downturn in prices if the property market struggles next year. The last quarter saw 2,278 condominium units completed in Kuala Lumpur and 52 condominiums are expected to be completed by the end of the year. In 2012, about 5,384 units are expected to enter the market with about 92 per cent or 4,952 units located in the city centre...............................................Full Article: Source
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