KUALA LUMPUR, June 6 — Malaysia’s property market is poised to remain stable in 2024, followed by sustained growth in the next three years, bolstered by various initiatives of the Madani government under Budget 2024, said Housing and Local Government Minister Nga Kor Ming.
KAJANG, March 6 — Malaysia’s property market recorded over 399,000 transactions worth nearly RM200 billion in 2023, a 2.5 per cent increase in terms of the number of transactions and a 9.9 per cent growth in terms of value compared to 2022.
KUALA LUMPUR, Jan 8 — The residential property market improved in the first nine months of 2023, with both transaction volume and value registering a year-on-year (y-o-y) growth of 1.3 per cent and 3.5 per cent, respectively.
KAJANG, Sept 14 — Malaysia’s real estate market recorded a stable performance in the first half of 2023, with the value of transactions increasing by 1.1 per cent to RM85.37 billion from RM84.40 billion in the first half of 2022.
PETALING JAYA, Aug 17 — Property developers maintained a ‘neutral’ outlook for the second half of 2023 (2H 2023), but are optimistic for the first half of 2024 (1H 2024), said Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk NK Tong.
KUALA LUMPUR, May 15 — Malaysia's property market activity has declined by 5.7 per cent in the first quarter (1Q) of 2023 with more than 89,000 transactions worth RM42.31 billion compared to the same period last year, said the Ministry of Finance (MoF).
PETALING JAYA, May 13 — The Malaysian property market remained robust despite the rise in the overnight policy rate (OPR) by 25 basis points to 3.0 per cent, said the Real Estate and Housing Developers' Association (Rehda) Malaysia.
KUALA LUMPUR, Jan 1— Property consultancy Savills Malaysia sees the overall property market in the country “to be a direct extension of 2022” and that the bumpy ride will move into 2023 but with a stronger positive bias.
KELANA JAYA, Oct 12 — Malaysian developers remain mostly neutral about the property industry’s outlook and the economic environment in the second half of 2022 (H2 2022) and H1 2023, the Real Estate and Housing Developers’ Association Malaysia (Rehda) said.
SINGAPORE, Oct 6 — Wealthy mainland Chinese have been the top foreign buyers of expensive private properties in Singapore this year as the city-state reaps the benefits of post-pandemic reopening and a relatively strong currency, despite tax increases.
KUALA LUMPUR, March 15 — A survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda) has revealed that 77 per cent of developers with future property launches anticipate sales performance to be below 50 per cent.
SHAH ALAM, Jan 4 — The recent floods in Selangor which submerged several areas in the state for several days and affected some building and residential infrastructure have conveyed the expectations that the property market in the affected areas will be affected.
KUALA LUMPUR, May 5 — PropertyGuru has launched the #LendASpace and #NeedASpace initiatives to match owners with unused spaces to those affected by Covid-19 and in need of accommodation.
KUALA LUMPUR, April 26 — Real estate industry experts feel that Covid-19 and the movement control order (MCO) offer a great opportunity for Malaysians to purchase residential properties.
KUALA LUMPUR, April 14 — Malaysia may not end up with the worst-case scenario for the property market post-Covid-19, given its much healthier state of financial fundamentals today.
KUALA LUMPUR, March 3 — The residential property sector is not expected to be as badly impacted as tourism or foreign direct investments by the prolonged Covid-19 outbreak, says PropertyGuru.
By Ashwin Kumar SHAH ALAM, Feb 27 — Though the Malaysian property market outlook remains challenging, it is showing some signs of recovery even though the progress may be slow. Selangor State Development Corporation (PKNS) Chief Operating Officer Norita Mohd Sidek said the property bubble...
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