Gagasan Nadi positive on affordable-housing sector


Gagasan Nadi Cergas Bhd group managing director Wan Azman Wan Kamal.

PETALING JAYA: Gagasan Nadi Cergas Bhd expects the outlook for affordable housing in Malaysia to be bright, in tandem with positive developments in the overall housing market.

Citing a survey by the Real Estate and Housing Developers’ Association (Rehda), Gagasan Nadi group managing director Wan Azman Wan Kamal said residential sales in Peninsular Malaysia jumped close to four times to 11,273 units in the first half of 2023 from 3,163 units in the first half of 2022.

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