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In the "2023 Market Outlook & Sectorial Market Overview" media briefing held by JLL on Wednesday (Feb 15), its senior analyst Henry Hong shared that there will be 5.

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.

The majority of the total residential overhang units are those priced between RM500,000 and RM1 million at 31.

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).

In a research note on Friday (Jan 27), RHB stated that the new Budget 2023 could see a downward revision or reallocation of the previously budgeted RM95 billion development expenditure, while the sizeable Borneo block n the unity government will have positive implications for higher revised expenditure for Sarawak and Sabah.

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.

In a report unveiled at the roundtable, Rehda Institute highlighted compliance costs as a major challenge in the industry, with continued hikes leading to higher prices and hence, reduces affordability, project feasibility, profits, and future supply.

Recovery in the residential property sector continues, albeit at a slower pace amid rising borrowing costs and growing inflationary pressure.

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

Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.