Situation under watch
The Star Online - Metro·2020-02-19 00:00
KULAI: The property market in Johor could be impacted due to the ongoing Covid-19 outbreak.
Johor housing, communications and multimedia committee chairman Dzulkefly Ahmad said foreign propery investors may choose to shy away, and that the state government would monitor the situation.
“Foreign investors, such as those from Singapore, make up a large number of those purchasing property in the state. With the current coronavirus situation and its effect on the tourism industry, the property market could be adversely affected, ” he said during a press conference in Kulai.
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