Threat of oversupply looms in KL
- 6 years ago
The frantic pace of commercial development in central Kuala Lumpur has raised concerns among real estate experts and analysts about an oversupply, which could cause property prices to fall.
They said the surging supply of iconic buildings and skyscrapers providing grade a office space and unsustainable demand are a risky mix and may be unhealthy for the market.
They said the surging supply of iconic buildings and skyscrapers providing grade a office space and unsustainable demand are a risky mix and may be unhealthy for the market.