Property market to start recovery from 1H2022

KUALA LUMPUR: Real estate technology group Juwai IQI expects the recovery in the property market to begin in the first half (1H) of 2022 as purchases of both new and second-hand residences increase.

Its head of Bumiputera segment Muhazrol Muhamad said the rise in the number of transactions would eventually lead to an upward price pressure especially in the most popular market segments.

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