Weekly Industry News

Property market expected to be flat in 2019

Weekly Industry News

The property market in Malaysia is expected to be flat across the board in 2019 except for the warehousing segment which is backed by the growing e-commerce industry, says international property consultant Rahim & Co International Sdn Bhd.

Executive chairman Tan Sri Abdul Rahim Abdul Rahman said the warehouse segment had given steady returns of about six to seven per cent over the last two years.

“This disruptive economy, e-commerce, has triggered the demand for warehouses which have become viable investment options.

Media Title: New Sarawak Tribune

Date: 20 Feb 2019

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