Weekly Industry News

‘Property market likely to stay flat’

Weekly Industry News

THE current economic landscape presents an opportunity for property investors to get good bargains.

MyProperty Data Sdn Bhd (MPD) chief executive officer Thor Joe Hock said the market was biased towards buyers due to
an excess supply of properties.

“The market changes rapidly when there is a lot of supply. However, it is important for buyers to determine the right price (for the assets), and that they should be backed by data,” he said.

Media Title: New Straits Times

Date: 01 Aug 2020

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