Property overhang clearing up

TheStar Sat, Mar 16, 2024 12:00am - 1 year View Original


ALTHOUGH not out of the woods yet, the recent statistics released by the National Property Information Centre (Napic) exhibit a positive trend for the industry as far as the overhang is concerned.

Not only that, even future supply looks much more manageable than before as residential, serviced apartments and small-office home-office (SoHo) properties under construction fell year-on-year (y-o-y).

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Marcus Lim
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how's the launching numbers last yr vs 2022? I remembered 1H2023 launching reduced by 50%. if so it's normal for overhang to lower down due to the fall in launching.

https://www.freemalaysiatoday.com/category/business/2023/09/14/new-residential-property-launches-plummet-50-in-h1-2023/

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