Weekly Industry News

Real Estate Market Demand Poser Post-Elections

Weekly Industry News

AFTER months of speculation and uncertainty… the general election (GE) is finally over and the new Pakatan Harapan government has produced a manifesto containing a number of proposals relating to the local property market.

Among the questions to be considered now, is whether the uncertainties are finally over? Will the new government’s pledges do the property sector any good? And when will the market glut finally end?

A slight improvement in general sentiment has been observed, says Axis REIT Managers Bhd head of investments and Malaysian Institute of Estate Agents immediate past-president Siva Shanker.

“Few expected Pakatan to win. But win it did and has created a lot of euphoria – a sense of hope,” he tells StarBizWeek.

Media Title: The Star

Date: 26 May 2018

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