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Johor property slowdown expected to bite harder

The oversupply will be worsened by a pipeline of 2015/16 projects and those where construction hasn't started

A half-built condo in Kota Iskandar in Johor. On top of its existing residential units, the state has 142,567 units being built, and 193,271 units on which construction hasn't started.

Kuala Lumpur

FOLLOWING a marked slowdown in demand for property in Iskandar Malaysia, property players expect further signs of a slowdown in the second half of the year, when marginal investors begin to take delivery of their units, especially those in the high-rise luxury segment.