1,916 private homes sold in H1; lowest on record in 2 decades
01:47 Min
New private home sales in the first half of this year hit a record low in two decades. Developers only sold 1,916 units, less than half the number snapped up during the COVID-19 lockdown period in 2020. Analysts say this is because buyers are being more budget-conscious, especially in a high interest rate environment. Nasyrah Rohim reports.
15 Jul 2024 11:08pm
New private home sales in the first half of this year hit a record low in two decades. Developers only sold 1,916 units, less than half the number snapped up during the COVID-19 lockdown period in 2020. Analysts say this is because buyers are being more budget-conscious, especially in a high interest rate environment. Nasyrah Rohim reports.
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