KUALA LUMPUR, Dec 5 — Online property portal Malaysia expects the oversupply of property in the market to remain next year. General manager David Mawer said oversupply of properties would continue to be a challenge for the industry and put pressure on new project launchings. Apart from...
Thursday, 05 Dec 2019 03:32 PM MYT
KUALA LUMPUR, Dec 5 — Online property portal Malaysia expects the oversupply of property in the market to remain next year. He said one factor for loan rejection was lack of awareness among prospective Malaysian home buyers, particularly those buying for the first time, regarding the home loan application process.
Mawer said based on iProperty.com’s findings, only 43 per cent of portal users were familiar with debt servicing ratio and how it affects their home loan.
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