Word of caution on M'sian property from SCCI-BT forum
High supply, low occupancy rates are factors for investors to ponder over
Add BT as a preferred source
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.
TRENDING NOW
Onitsuka Tiger pivots from Asics stripes to tap luxury market
Mapletree CFO Wendy Koh appointed as Temasek’s new CFO
Mah Bow Tan-led Therme Singapore breaks ground on wellness facility with thermal baths, spas
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
