Property transaction value hit record RM179b in 2022 — Napic
Malaysia's total property transaction value hit RM179.07 billion in 2022, the highest-ever value recorded by the National Property Information Centre (Napic) since 2001.
Malaysia's total property transaction value hit RM179.07 billion in 2022, the highest-ever value recorded by the National Property Information Centre (Napic) since 2001.
The property market is expected to grow this year despite the projection of a moderately lower economic growth due to the unpredictable external environment, said Deputy Finance Minister II Steven Sim.
The Ipoh City Council (MBI) is planning to set up a Hall of Fame involving several personalities from the city.
Noteworthy:
When: When: November 2022
Apart from the project, the Selangor government also plans to instal solar panels on buildings.
RGM said despite the high base rate of 26.5% a year ago, this latest quarterly result met market expectation.
"We are unable to confirm the timing at this juncture due to ongoing negotiations."
Of the total, 15 EIA reports or 37% had been approved involving housing projects, waste processing and disposal and industrial estates.
The increase was attributed to the retail trade sub-sector, which recorded an increase of RM10.6 billion or 21.7% y-o-y to RM59.6 billion.
CVIA, an integrated industrial park developed by the Northern Corridor Implementing Authority, aims to attract investments especially in high-impact sectors including green manufacturing, renewable energy and halal industries.