Malaysian property prices likely to stay put, even amid softer economy

Kuala Lumpur

MALAYSIAN property prices are expected to remain sticky this year, even as development margins are likely to be compressed because of softer economic conditions and a more stringent loan-approval process, say analysts of the real-estate market across the Causeway.

With strong unbilled sales from previous years, when homes were snapped up like hot cakes at the pre-launch stage, revenues remain robust in the main.