property

Condo, apartments make up most of unsold units in Perak

IPOH: Condominiums and apartments are the biggest contributors to the unsold house data in Perak, the State Legislative Assembly was told today.

Perak Housing and Local Government Committee chairman Sandrea Ng Shy Ching said according to data from the National Property Information Centre (NAPIC), there were 2,312 unsold housing properties in the state last year, the majority of which were sold for RM200,000 or above.

"The NAPIC report states that condominiums and apartments are the largest contributors to unsold house data in Perak, at 1,203 units (52.03 per cent).

"This shows that the people in the state prefer to buy houses in the low-cost category, which are below RM100,000. NAPIC data shows that there are no unsold homes in Perak in that price range," she said during the question and answer session.

She said this in reply to a question from Chaw Kam Foon (PH-Menglembu), who wanted to know about the steps taken by the state government to address the issue of unsold properties in Perak.

Most Popular
Related Article
Says Stories