2023 on track to become one of ‘weakest years on record’ for investment property market

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Sherry FitzGerald believes confidence will return in the mid- to longer- term

New research from Sherry FitzGerald’s commercial division has found that record high interest rates, high building and construction costs, and the cost of borrowing have all contributed to weak performances by the investment property and development land markets this year.

The property agent reported that 2023 looks set to be one of the weakest years on record in both of those markets specifically.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Building and borrowing costs squeezing commercial property investment and land salesThis year set to be 'one of the weakest on record', according to Sherry Fitzgerald
Source: IrishTimesBiz - 🏆 6. / 77 Read more »