News about Property Market

Market will grow as there is stability in the country Secondary market is expected to perform from pent-up demand The Malaysian property market is expected to improve in 2023 as long as the fundamentals and government’s support through incentives are in check, according to the Malaysian Institute of Estate Agents (MIEA).

"Local economists believe that Malaysia will not enter a recession, although the rate of growth is expected to slow down.

According to Knight Frank's latest report, the Asia-Pacific region is set to remain the world's fastest-growing region, despite ongoing stressors exacerbated by the Russia-Ukraine conflict and global financial volatility.

KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).

KUALA LUMPUR (Jan 12): The property market, which was subdued last year, is expected to see moderate growth in 2022, in tandem with expected recovery of the global economy, said CBRE | WTW Group Managing Director, Foo Gee Jen during the media launch of the real estate consultancy’s 2022 Market Outlook Report at the Malaysia International Trade and Exhibition Centre on Tuesday (Jan 11) morning.

PETALING JAYA (Jan 6): The residential market performance remains cautiously optimistic for 2022 with growing demand for landed residential development, according to Knight Frank Malaysia.

PETALING JAYA (July 15): AmInvestment Bank Bhd maintains a cautious outlook on the property market in the second half this year in view of the current situation - the spiking number of Covid-19 daily cases and extended lockdown that could cause a slower-than-expected recovery.

The National Property Information Centre (Napic) has unveiled the Annual Market Report 2020 on April 5, 2021.

PETALING JAYA (Feb 1): The most positive scenario for the overall Malaysian property market in 2021 would be a slightly better performance than last year due to the start of the vaccination programme that would help in controlling the Covid-19 pandemic, according to Henry Butcher Real Estate chief operating oficer (COO) Tang Chee Meng.

As the Covid-19 pandemic continues to ravage Malaysia, the government took to imposing the Movement Control Order (MCO) 2.