Cooling measures reduces property transactions but prices keep uptrend


PETALING JAYA: The measures to cool the property market may have weeded out a large part of speculative activities but they have not succeeded in curbing rising prices, says Malaysian Institute of Estate Agents (MIEA) president Siva Shanker.

“The number of transactions has come down but prices continue to rise steadily,” he said at the Property Investment Convention 2014.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , prop

   

Next In Business News

HR challenges in strata property
It looks terrific for terraced houses
Beware the tax
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated
Strained by lack of positive catalysts
Bank Negara allows MDBs and DFIs to issue ringgit bonds
Robust economy to boost banking
Schooling kids on money use
Don’t delay merger control, empower MyCC as the sole regulator

Others Also Read