WHAT lies ahead for the property market is anybody’s guess, particularly given the volume of overhang units is on the rise.
Some industry experts say “we don’t have a crystal ball” when asked about the property market’s future, while refuting the possibility of the “property bubble bursting” soon.
In reality, the property market follows a predictable cycle, just like other types of investments. However, the duration of one cycle is not necessarily the same as another.
The Malaysian Reserve (TMR) looks at the four phases of a property cycle and compares it to the current situation in the country.
