Rahim & Co indicates residential, industrial subsectors show positive growth; others follow suit at slower pace

Executive chairman Tan Sri Abdul Rahim Abdul Rahman: Despite the various economic and geo-political challenges that still remain, in addition to the rising inflation and interest rate hikes that prolonged the 'wait-and-see' attitude of buyers; transaction activities in 2022 have proven the market to be somewhat resilient — showing a significant rebound in overall market activities KUALA LUMPUR (Feb 9): Rahim & Co International Sdn Bhd states that as a continuation of 2022 having had more progress, residential and industrial property sub-sectors have shown signs of positive growth while others are poised to follow suit but at a slower pace.

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Property market will improve this year – MIEA

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).

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Optimistic vibes even with uncertain property market in 2023

Residential market's transactions expected to increase Industrial market’s demand surges It was an interesting year in 2022 for the Malaysia property market as we saw several initiatives by the government and improvements in sentiment among buyers and developers which led to what seemingly was a post-pandemic recovery phase for the sector.

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