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Unsold commercial properties worrisome, says Bank Negara governor | Malaysia

Wednesday, 31 Mar 2021 11:24 AM MYT BNM governor Datuk Nor Shamsiah Mohd Yunus says the number of unsold properties remains worrisome amid the new norms. ― Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, March 31 The number of unsold properties has seen a respite amid the government’s Home Ownership Campaign (HOC) except for the commercial market, which remains worrisome amid the new norms, Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said. “The amount of unsold properties is still very high. It is about 170,000 units but it has been coming down but the level is still very high. The HOC that the government has introduced last year has helped clear some of these unsold units.

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