Industry experts give their take on what 2019 holds for the property market!

“Based on statistics, there is a mismatch between demand and supply, especially with developers trying to make the most profits by building more high-end properties.”

截至今年9月14日，产业发展商黑名单内共有169个发展项目被发展商搁置、91家无牌发展商、474家发展商违反领域法令，以及312家发展商曾被控上房屋仲裁庭。 

She said the ministry (KPKT) has been engaging with banks and developers to find ways to make homeownership easier for the B40 segment.

To solve the overhang property problem and promote homeownership.

Jayaselan said the Cabinet has allowed UDA Holdings Bhd and Federal Territories Affordable Housing Project (Rumawip) to be excluded from the entity.

“Gamuda projects combined sales from the three township projects to almost quadruple to RM1.15 billion in FY19F from a mere RM300 million in FY18."

He noted that affordable housing will remain a main theme next year and developers will continue to launch affordably-priced smaller units to cater to homebuyers.

“We are now working with investment banks and accountants. Once we have formalised the proposal, we will submit it to both ministries (KPKT and MoF), and at the next stage, to Securities Commission."

He said the perception that owning a home is an urgent need must change if individuals cannot afford to buy them within a short period