PETALING JAYA: Malaysia’s property market is on the road to recovery, as evidenced by improved volume and value in property transactions last year and steady economic growth, said Housing and Local Government (KPKT) Minister Nga Kor Ming.
He said Malaysia witnessed 399,000 property transactions worth around RM200 billion in 2023, a 2.5 per cent growth in volume and 9.9 per cent in ringgit value, he said in a keynote address in conjunction with Rehda Institute’s Regional Housing Conference 2024 today.
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