The residential property market in the Klang Valley is still very soft due to the prolonged impact of the pandemic, economic slowdown and negative sentiment in general, which have led to fewer transactions, says Savills Malaysia director of research and consultancy Amy Wong. “Some new launches, however, were selling well during the quarter, such as Edelweiss at Tropicana Gardens. The sales rate has increased from the previous quarter,” she says in presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 1Q2021.
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