Penang residential overhang more than doubles in 2017
PETALING JAYA (April 17): The residential overhang in Penang (pictured) more than doubled to 3,916 units worth RM3.
PETALING JAYA (April 17): The residential overhang in Penang (pictured) more than doubled to 3,916 units worth RM3.
KAJANG (April 17): The amount of overhang homes has grown by 67.
PETALING JAYA (Nov 27): A protracted period of property supply overhang may cause a material decline in property prices as market valuation adjusts to reflect lower demand, said Moody’s Investors Service.
PETALING JAYA (Nov 24): The major issue that has led to the current property overhang levels across the residential and commercial sectors boiled down to a lack of data, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).
PUTRAJAYA (Nov 13): The slow market absorption has led to an increase in residential overhang of 20,867 units worth RM12.
PETALING JAYA (Oct 27): Shop overhangs increased by a whopping 54.
PETALING JAYA (Oct 27): The residential overhang rose by 55.
KAJANG (April 18): The overall property market slowdown had worsened in 2016 with a decline in transaction volume by 11.
KUALA LUMPUR (Feb 23): Some RM8.
KUALA LUMPUR (Nov 1): Overhang and unsold housing units may see a gradual decline over the next few months on the back of decreasing new launches in the market, said National Property Information Centre (Napic) property market sector deputy director Aina Edayu Ahmad (pictured).