PETALING JAYA: Demand for landed residential units is still promising despite the current property glut, said an official from a local real estate services provider.
CBRE|WTW managing director Foo Gee Jen said that in spite of confidence issues among property buyers, there was still good demand for “the right products,” especially for landed units.
“Despite the issue with the confidence levels, some developers are still registering good sales for landed and affordable homes. High rise developers meanwhile are having to offer a lot more freebies, with some even offering their own financing.
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