Old Klang Road: Oversupply of high-rise homes?

Realtors tracking property price trends on Old Klang Road (OKR) are concerned over a surging supply of new high-rise residential units, which might put pressure on rental growth and demand as tenants might choose to purchase the more affordable smaller units available in the market rather than continue renting.

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DONE DEAL: Warehouse factory at Klang, Selangor

Read also DONE DEAL: Semidee house at Taman Equine, Seri Kembangan, Selangor DONE DEAL: SoHo unit, Arcoris Mont Kiara, Mont’Kiara, Kuala Lumpur According to the agent, Danny Gan from Propnex Realty who concluded the deal, he said that in view of the shortage of warehouse space in the market, particularly in Shah Alam and Klang areas, this refurbished warehouse has gained several keen offers.

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