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 governmentā€™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.

ā€œFew expected Pakatan to win. But win it did and has created a lot of euphoria ā€“ a sense of hope,ā€ he tellsĀ StarBizWeek.

Media Title: The Star

Date: 26 May 2018

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