By Yasmin Ramlan SHAH ALAM, July 21 — As Malaysia grapples with a persistent oversupply of unsold homes and worsening affordability, experts are urging for a vacancy tax to encourage property owners and developers to make better use of idle units. This policy, adopted in cities including...
PETALING JAYA, May 14 — Malaysia’s property market is on the road to recovery, as evidenced by improved volume and value in property transactions last year and steady economic growth, said Housing and Local Government Minister Nga Kor Ming.
PUTRAJAYA, April 14 — The number of unsold completed residential properties declined to 27,746 units worth RM18.41 billion as of the end of December 2022 compared with 36,863 units worth RM22.79 billion at the end of 2021.
KUALA LUMPUR, April 3 — A strong recovery in 2021 from 2020 has signalled a return of consumer confidence and an improved property market this year, said the Malaysian Institute of Estate Agents (MIEA).
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