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Overhang property precipitate developers’ ‘hangover’

By Datuk Chang Kim Loong THE National Property Information Centre’s (NAPIC) Property Market Status Report for the first half of 2020 (1H20) showed there were 31,661 overhang residential units worth RM20.03 billion, an increase by 3.3% in volume and 6.4% in value from the 30,664 units worth RM18.82 bil recorded in 2H19. The State of Johor retained the highest number...

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