Property sector improves slightly


Malaysian Institute of Estate Agents chief executive officer Soma Sundram Krishnasamy(pic) said based on a technical study, the sector, which has been declining since 2012, has been on a rebound since the end of 2018.

KUALA LUMPUR: The overall performance of the property sector in Malaysia is deemed to have improved slightly in terms of transactions following the government’s initiatives to enable more Malaysians to buy their first house.

Malaysian Institute of Estate Agents chief executive officer Soma Sundram Krishnasamy said based on a technical study, the sector, which has been declining since 2012, has been on a rebound since the end of 2018.

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