Napic hopes developers will carry out feasibility study to reduce overhang

The National Property Information Centre (Napic) hopes that a feasibility study would be made compulsory for every property developer to undertake to help reduce the overhang or completed but unsold properties in the country.

Napic deputy director Ari Adam said without making the feasibility study 'a must', the country would continue to face the existing overhang, the incoming overhang units under construction and the future overhang units.

"The reason why it is...