Malaysia’s property sales surge 23.8% y-o-y to RM105b in 1H2024, says Napic
This compares to the RM85.
Shopping complex occupancy rises slightly y-o-y in 2023, office space remains flat
Based on Napic’s Property Market Report 2023 released on Wednesday, the occupancy rate of shopping complex retail space in 2023 rose to 77.
Overhang residential units down 7% in 2023, affordable housing the largest category
Value of overhang residential units also declined 4% to RM17.
RM18.3b worth of unsold houses in 2Q, says deputy minister
Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir stated that, according to the National Property Information Centre (Napic), this indicates a 5.
The Malaysian housing industry is efficient and competitive — the government should just focus on public housing
How do we compare our building costs to those in neighbouring countries? Are Malaysian developers making excessive profits? Are they building the wrong products at unreasonably high prices to maximise profits, resulting in an excessive number of unsold houses, instead of building more affordable houses? Last week, we provided our data-based analysis that contradicts the prevailing myth that housing is generally unaffordable in Malaysia.
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Home ownership and affordability in Malaysia: Facts and myths
Home ownership rates rose from 2012 to 2019 across the country, except for Perlis and the Federal Territory of Labuan, according to a DoSM survey .
The REAL deal: Total rethink on PR1MA needed
PR1MA must be held accountable for all its decisions.
Residential property overhang improves but challenges remain for office and retail sectors, says Ahmad Maslan
“Almost 58% of the overhang was condominiums and apartments.
Cautious optimism for Malaysia’s property market recovery as 1H transaction value rose slightly to RM85.37b
Selangor contributed the highest volume and value to the national market share, with 26.
