‘Renewed interest in Johor Bahru homes, particularly in the Tengah EC, reduces residential overhang.’
Johor continues to dominate the property market in Malaysia, with the highest amount of unsold units in the residential and commercial sectors. With a total value of RM4 billion ($1.1 billion), 1H2023 saw 4,717 units in Johor unsold, which represented a y-o-y decrease of 10.3%, according to Zerin Properties’ 1H2023 report. The “unsold under construction” […]