KUALA LUMPUR: Amid the challenging economic environment, the property industry is expected to remain tough next year as a result of the slowdown from the 2011-2013 property boom which saw home prices growing at double digits.
Even if the government's gross domestic product's (GDP) growth target remains intact at four-five per cent this year, industry players opined that the price performance of the housing sector next year would be flat or at best, show a marginal growth.
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