In the first half on 2015, 5,195 units were sold compared to 4,371 unit sold in first half of 2015.
The survey showed 62% of respondents reported that unsold units mainly from Selangor, Johor and Pahang in the second half of 2015 from 78% in the first half due to better sales.
Rehda president Datuk Seri FD Iskandar said sales for low cost houses and single-storey terrace units saw a pick up in the second half of 2015. Bigger residential units such as bungalows and semi-detached units also saw an increase during the period.
“Developers see that home seekers are sensitive to price, hence they will modify their launches to more smaller-sized units,” he told reporters during his presentation on the property industry survey 2H 2015 and market outlook for 2016.
He said that high-rise properties remain popular among home-buyers.
Iskandar expects property prices to remain stable with houses priced between RM200,000- RM1mil to lead the market.
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