PARIS: The Malaysian property market needs foreign buyers to return, and the sooner they do so, the better it will be for property players whose margins are being squeezed.
Gone are the days when it was easier for developers to hit their sales targets, and margins were more attractive.
A veteran property man said that domestic demand alone cannot fuel a sustained growth for the local developers, especially considering that the demand is increasingly skewed towards lower-margin houses priced below RM500,000.
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