While the property market remains challenging, developers are more optimistic about the second half of the year (2H2019) than the first half, the Real Estate & Housing Developers’ Association (Rehda) Property Industry Survey 2H2018 and Market Outlook 1H2019/2H2019 reveal.
Of the 121 Rehda members (the majority are from Selangor and Johor) who took part in the survey, 27% are optimistic the property market will do well in 2H2019, compared with only 6% who think it will do so in 1H. Present at the media briefing on March 14 were Rehda president Datuk Soam Heng Choon, deputy president Datuk Khor Chap Jen and secretary general Tiah Oon Ling.
MediaTitle: The Edge
Date: 25 Mar 2019