| The Malaysian property market is likely to see a gradual slowdown next year, taking into consideration the uncertainty in the global economic situation. President of Fiabci Malaysia, Yeow Thit Sang, said the high end residential units were already seeing a slowdown both in pricing and the take-up rate.
“There are less expatriates from multinational companies (MNCs) coming here and rentals with a yield of between six and eight per cent are no longer achievable. Investors in these units will have to wait longer to realise their investment. The slowdown in global economy is definitely affecting the high-end property market,” he told Bernama in an interview recently...............................................Full Article: Source
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