Optimistic outlook for 2023

CBRE|WTW group managing director Tan Ka Leong said capital values for landed properties within the Klang Valley are expected to grow at a moderate pace this year.

KUALA LUMPUR: The recovery in the residential property market is expected to continue in 2023, albeit at a slower pace amid rising borrowing costs and growing inflationary pressure.

CBRE|WTW group managing director Tan Ka Leong said capital values for landed properties within the Klang Valley are expected to grow at a moderate pace this year.