Google

Monday, February 4, 2008

Cautinous Optimism On Property Sector

Property consultants say the property sector is more resilient compared to 10 years ago Property consultants are cautiously optimistic that the local property sector would remain healthy despite a possible recession in the United States. DTZ Debenham Tie Lung (M) Sdn Bhd executive director Brian Koh said the property sector was more resilient than 10 years ago. He noted that when the 1997 economic crisis occurred, the Malaysian economy, including the stock market, took a massive plunge.
(4-2-2008 The Star)