KUALA LUMPUR (Jan 22): Unsold stocks of serviced apartments, small office home offices (SOHOs) and small office virtual offices (SOVOs) in the Klang Valley will take only one year to clear, instead of five, according to a real estate agency.

Zerin Properties has refuted the claim made by CBRE|WTW managing director Foo Gee Jen last week that should prices not correct substantially, it will take the next five years to clear unsold stocks of SOHOs and SOVOs.