Housing market continues to be robust in 2H 2022 - Bank Negara

KUALA LUMPUR: Activity in the housing market continued to be robust in the second half (2H) of 2022, following the resumption of economic activities and improved employment conditions, said Bank Negara Malaysia (BNM).

In its Financial Stability Review (2H 2022) released today, the central bank said property market transactions continued to hover above the pre-pandemic levels in 2H 2022, primarily driven by transactions for purchasing properties priced at RM500,000 and below.