Optimistic outlook for property stocks


PETALING JAYA: Despite the record-breaking transaction value recorded in 2023 in the property sector, the KL Property Index, which is made up of listed shares of property companies, has remained relatively flat.

The index closed at about 918 points yesterday, six points higher compared to the 912 opening points recorded on March 6, the day when the National Property Information Centre (Napic) released its statistics on last year’s property market.

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!

Next In Business News

IOI Properties plans REIT listing backed by RM7.58bil assets
Oil set for largest weekly loss in 10 months after ceasefire
ADFIM advises customers to seek DFI support early amid uncertainties
EcoBuilt proposes diversification into property, building materials trading
Infomina secures RM23.5mil IRB contract for data warehouse support
Silver Ridge unit bags RM4.36mil subcontract in Sri Damansara
Ringgit closes higher against major, Asean currencies
UOB Malaysia to support customers amid geopolitical uncertainties
SMG invests RM99.4mil in Australian office fund
West River unit secures RM25.2mil data centre subcontract

Others Also Read