Property players call for proactive action

TheStar Mon, Jul 13, 2020 09:01am - 3 years View Original


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PETALING JAYA: The next six months will shed light as to where the housing sector is heading but analysts and property consultants are not holding their breath, as many structural issues remain unresolved.

Large structural issues aside, the immediate hurdle to cross is the lifting of the banking loan moratorium on Sept 30,2020, which may see owners offload their units, Kenanga Investment Bank Research said.

“The severity of the situation is only accessible post-Sept 30, ” the July 8 report said, adding that owners may be competing with developer’s sales.

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