The local property market will likely remain resilient in the rest of the year as all major stakeholders continue to play their part to ensure stability in the market. Naza TTDI Sdn Bhd deputy executive chairman and group managing director SM Faliq SM Nasimuddin says the market would see a more cautious and pragmatic approach as far as property launches are concerned. Faliq believes that despite several initiatives undertaken by the government to boost the property market, potential buyers are likely to adopt a wait and see approach before they pursue their property purchase. Naza TTDI Sdn Bhd deputy executive chairman and group managing director SM Faliq SM Nasimuddin says the market would remain cautious this year . File PhotoKnight Frank Malaysia managing director Sarkunan Subramaniam said that despite market uncertainty, transit-oriented developments (TOD) will continue to do well.

Source: New Strait Times March 02, 2020 08:26 UTC