Property Overhang Hangs Over 2019
The Morning Run Crew
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According to the Valuation and Property Services Department’s latest figures on Saturday, the total value of unsold completed residential units has reached RM19.54 billion. We discuss the property overhang, and the trends causing the current situation.
12:00 - Finance Minister Lim Guan Eng has said that Budget 2019 may need to be re-calibrated if the average crude oil price drops below USD 50 per barrel.
Presented by: Tan Chung Han, Julian Ng
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Categories: Trends and Forecasts, Markets, Property, Business Analysis
Tags: Property, Overhang, Developers, Valuation and Property Services Department, Budget 2019, Oil prices, Petronas,