Malaysia's property market transactions up 2.5% in 2023


Finance Minister II Datuk Seri Amir Hamzah Azizan.

KAJANG: Malaysia’s property market recorded more than 399,000 transactions worth close to RM200 billion in 2023, an increase of 2.5 per cent in terms of the number of transactions and a growth of 9.9 per cent in terms of value compared to 2022.

Meanwhile, unsold or overhang residential properties declined to 26,000 units worth RM17.7 billion in 2023 compared to 28,000 units worth RM18.41 billion in 2022, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
overhang , JPPH , Napic , residential , Amir Hamzah Azizan

Next In Business News

Green Packet inks deal with Presma
Ng Yoon Thai becomes Plenitude CEO
Bank Rakyat declares 18% dividend for FY25, highest in a decade
Auditors flag Rimbunan Sawit
Zetrix to manage two of Socso’s social schemes
Tafi not proceeding with diversification
PPB secures two offshore contracts
MIER: SMEs to feel the brunt of US-Iran conflict
Solution Group redesignates Lim Yong Hew
US weekly jobless claims decline as labor market remains stable

Others Also Read