With a push to get more buyers into the market to clear oversupply of properties in Malaysia, the industry is now poised for further robust development and expansion. This means companies must prepare themselves for that, starting with their workforce.
In a highly-competitive environment, it is not uncommon for companies to seek experienced talent to drive project completion, and build a healthy project pipeline to ensure business continuity. Supported by strong funding, some property firms are also leveraging this ‘cooling period’ as an opportunity to increase their activities and expand their market share.
However, there will be a handful of companies that will continue to adopt a ‘wait-and-see’ approach, as they draw up a vision of how Malaysian’s property market can potentially benefit buyers in the long-term.