Weekly Industry News

Will 2020 be a recovery year for the property sector?

Weekly Industry News

The current sluggish housing market does not appear to pick up anytime soon. In fact, the outlook seems rather uncertain for the Malaysian property industry.

Sime Darby Property Bhd acting group CEO Datuk Wan Hashimi Albakri Wan Ahmad Aminjaffri says the local property market is still consolidating but there are indications to suggest that the market is responding well to supporting measures introduced by the government in 2019.

Media Title: Focus Malaysia

Date: 01 Jan 2020

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