We all know that from the property report from Valuation Department that Johor has got the most overhang properties. How do we know a property is considered overhang or not?
Definition:
Overhang - Property completed with Certicate of Fitness (now Certificate of Completion and Compliance) remain unsold for more than 9 months.
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Over 30 years of experience in Iskandar Malaysia's property market, Johor Bahru -based registered estate agency, Tiram Realty, offers FREE tips and info on the selling, buying, renting and auction of properties in Iskandar Malaysia through the blog.
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