KGV Property Consultants executive director Samuel Tan of Johor believes that smaller developers in boutique developments are more agile during a property market slowdown.

“They are not saddled with high holding costs and the need for urgency of sales,” he says.

He notes that developments within Johor Baru have been dominated by larger firms over the last few years.

“Smaller developers are involved mainly with stand-alone service apartments and shop offices. Even then, these are few and far between. We also note that smaller developers are land-banking for niche developments or for future use.”

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