PETALING JAYA: The Real Estate and Housing Developers Association (Rehda) expects property prices to rise significantly in the first half of 2024 (1H24) on the back of building material cost hikes.
Speaking at Rehda’s Property Industry Survey for 2H24 and Market Outlook for 2024, president Datuk N.K. Tong said construction costs are expected to increase by 15% in 1H24.
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