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Property Outlook event in Faversham polls experts with 86% predicting growth in turnover over coming 12 months

Property price fall could reach double-digits in 2023

While borrowing capacities continue to weigh down on buyers, PropTrack predicts two more rate hikes in coming months.   Property prices are set to fall between 7 per cent and 10 per cent nationally

Property sector to remain challenging on oversupply

Kuala Lumpur: The property sector would remain challenging moving into 2023, with a lot of market correction needed to be put in place, due to a clear oversupply of properties in certain sectors and locations in the country, said developers.

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