“Back in 1999 it was an Asian situation, but back then, there was no severe overbuilding and the number of overhang units now is something we’ve never seen before,” said Penang Rehda’s former chairman.

“The various stakeholders need to take a close look at affordable housing developments. It shouldn’t be carried out emotionally but must be done with a clear mind and with thorough market research.”

Datuk Soam Heng Choon: If people want landed homes and you build high rise, people won't buy. If you build a house that is RM1 million where people are earning RM3,000 [a month] then nobody will buy.

Many young Malaysians trying to obtain home loans are National Higher Education Fund Corp (PTPTN) loan defaulters and this affects their credit profile.

EdgeProp.my has dug into the archives and found some of the best throwback pictures of six property personalities, namely Eco World Development Group Bhd chairman Tan Sri Liew Kee Sin, Rehda president Datuk Soam Heng Choon, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip, Chur Associates managing partner Chris Tan and Ken Holdings Bhd executive chairman Datuk Kenny Tan and his son and the company’s group managing director Sam Tan.

National Homeownership Campaign, Ministry of Housing and Local Government, KPKT, Finance Minister Lim Guan Eng, Jayaselan Navaratnam, residential

温故知新，迈入充满期待的2019，也让我们来回顾2018的十大房市要闻！

He said that people are more cautious in how they chose to spend their money, or could not obtain loans, which did not reflect a lack of demand.

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.”