Weak market sentiment, developers, holding back launches

The Klang Valley residential market continued to slump for the second quarter of 2015 (2Q2015) in the aftermath of the implementation of the Goods and Services Tax (GST) in April, coupled with the weakening of the ringgit, which have tightened domestic spending.

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Vintage gold

VIEW VIDEO DEVELOPED in the 1970s as an upper-middle class residential enclave in Kuala Lumpur, Taman Desa mainly offered landed homes in the early days.

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