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Word of caution on M'sian property from SCCI-BT forum
High supply, low occupancy rates are factors for investors to ponder over
STATE OF MALAYSIAN REAL ESTATE: Buying property in Malaysia for your own use is fine, says Mr Goh (second from right). Others in the photo are (from left) BT Associate Editor Vikram Khanna (moderator), Mr Tay and Mr Tan.
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...
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