GEORGE TOWN: The Malaysian property market is generally expected to remain stable in 2016 but could see a dip of 5-6% compared with 2015 based on the market trend that has been seeing gradual decreases since the second quarter of 2014.
According to Raine & Horne International senior partner Michael Geh, the first half of 2016 is expected to record a dip in transactions with the primary market dropping by about 5,000 transactions to about 20,000 transactions while the number of secondary property transactions will remain at 95,000.
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