Valuers board expects no further dip in property market this year

PETALING JAYA: The government’s regulatory body for valuers, appraisers, estate agents and property managers expects no further deterioration in the property market this year despite predictions that the market could worsen towards the second half of 2019.

“Generally, the economy in the whole region is facing problems. There is a definite slowdown, economically,” he said when met by reporters after the launch of the 6th edition of the Malaysian Valuation Standards here today. “This is good,” he said. “We are looking at 2019 to see growth and improvement in both the economy and the property market.”

On a separate matter, he said as of Dec 31, BOVAEP had registered 3,500 new property managers who were previously not regulated by the board.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Penang govt sees promising future for property market | Malay MailBUTTERWORTH, April 13 — Penang Chief Minister Chow Kon Yeow has expressed his confidence that the state’s property market will be promising in the near future as the present soft market situation was only a cyclical phenomenon. “The promising future for the Penang’s property...
Fonte: malaymail - 🏆 1. / 86 Leggi di più »

Penang property market has promising future, says Chow | The Malaysian InsightCurrent soft market condition only a cyclical fluctuation, says state chief minister.
Fonte: msianinsight - 🏆 8. / 63 Leggi di più »