The property market regained some strength in 2019, the underlining optimism attributable to continued market resilience and market players who have remained unwavering despite the economic turbulence.

On the broader front, over-supply, down trending transactions, weaker prices are symptoms of market uncertainty which may be due to inconsistency of government policies and lack of comprehensive and timely market information.

While over-supply is currently found in almost all sectors, this could be addressed in the mid-term if the economy turns around to prospects of high sustainable growth from its current outlook of uncertainty and doldrums. Bottom line, we want carefully crafted government policies which are then implemented consistently, long term.