The Sun Daily |
PETALING JAYA: The property market is expected to take another 12 months to recover against the backdrop of an uncertain environment due to the Covid-19 pandemic, as well as the impending 15th General Election which would influence investor confidence and security of income, according to Rahim & Co research director Sulaiman Akhmady.
“Pre-pandemic, there are also unresolved issues that need to be addressed such as property overhang as well as affordability in terms of income levels,” Sulaiman told the media at Rahim & Co property market 2022 outlook briefing yesterday.