Weekly Industry News

Affordable residential segment to see steady demand this year

Weekly Industry News

The property market is expected to see marginal growth this year with steady demand in the residential, industrial, retail, office and hotel segments.

Rahim & Co International Sdn Bhd takes a closer look at some of the factors that will influence the sector this year in its Property Market Review 2019/2020. “The focus remains strongly on the affordable residential segment,” says Rahim & Co director  of research Sulaiman Akhmady Mohd Saheh in presenting the report. “The developers’ response to this is reflected in the number of [more affordable] units launched in the past 12 to 24 months. Also, more units were launched in the RM200,000 to RM300,000

Media Title: The Edge

Date: 03 Feb 2020

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