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Favourable property market conditions for house buyers but tread with caution, says PropertyGuru | Malay Mail

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KUALA LUMPUR, Dec 15 — Property portal PropertyGuru Malaysia said the current market conditions are favourable for house buyers to look for bargain deals but caution should be a prime factor in any decision-making process. Country manager Sheldon Fernandez said purchasers must not only consider...

Tuesday, 15 Dec 2020 04:28 PM MYT

Country manager Sheldon Fernandez said purchasers must not only consider the cost of owning a property but also whether they can afford it while managing other expenses. For this year, a significant decline was reported in property transactions and according to Bank Negara Malaysia Financial Stability Review for the first half of 2020, property transactions dropped by at least 25 per cent for both volume and value.

 

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