RM18bil worth of unsold houses as at end of last year

RM18bil worth of unsold houses as at end of last year FMTNews FMTBusiness

Local government development minister Nga Kor Ming said his ministry is studying the data for unsold houses to find a suitable solution.

In a written parliamentary reply, Nga said products supplied to the housing market should match the demand. Nga said the ministry was studying the data for unsold houses to determine a suitable solution, while developers were encouraged to conduct feasibility studies before embarking on any development.

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