Word of caution on M'sian property from SCCI-BT forum
High supply, low occupancy rates are factors for investors to ponder over
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Fiona Lam
Singapore
INVESTORS should think twice before investing in Malaysia's property market this year, given the impending abundant supply of units and lacklustre occupancy rates there.
This word of caution came from Getty Goh, director at property research firm Ascendant Assets, who was speaking at the 13th Singapore Chinese Chamber of Commerce and Industry-Business Times (SCCCI-BT) Business Outlook Forum on Friday.
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