KUALA LUMPUR — Compared to the same period last year, the property market has seen a 48.35% increase in unsold completed residential units as of September 30. A report by The Star cites a Valuation and Property Services Department (JPPH) source who said that the JPPH uses data they receive…
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Unsold Completed Residential Properties Increase by 48%
PETALING JAYA — Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a year ago. According to the Valuation and Property Services Department’s (JPPH) latest figures released on Saturday, the total value was…
Residential Overhang in 2017 Highest Ever Recorded, Says MoF Division
KAJANG — The Valuation and Property Services Department (JPPH) of the Ministry of Finance Malaysia said the residential overhang was at its highest point to date in 2017, amid a 67.2% increase in the number of unsold completed units. The department said the residential overhang grew 67.2% to 24,738 units,…
