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Rehda: Property prices to increase up to 20% in next 6 months

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) expects property prices to increase up to 20% in the next six months.

Its president Datuk Michael Yam said on Thursday, Mar 10 the general increase in prices would be due to higher building material and land costs.  Material costs increase by 5% to 10% annually.

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