It is no secret that the local property market is facing trying times. This is evidenced by the decline in the volume and value of property transactions last year.
Despite the sluggishness, there are still some pockets of opportunities, according to consultants and speakers at the 12th Malaysian Property Summit held on Feb 21. The summit was organised by the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia.
Titled “Property Market outlook 2019”, the summit examined local property market in segments such as residential, office, retail and specialised asset class for REITs as well as markets in the northern and southern regions, and housing changes under the new government.
