Brighter outlook for the housing sector


PETALING JAYA: Despite the recent interest rate hike, real estate agents are looking forward to promising growth in the housing sector this year in view of last year’s record number of transactions.

Malaysian Institute of Estate Agents president Chan Ai Cheng said the country’s total property transaction value hit RM179.07bil in 2022, the highest-ever value recorded by the National Property Information Centre since 2001.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Zahid wants to meet Akmal over combative remarks
RTS Link construction on track for completion by end 2026
MACC wants law on deferred prosecution agreements to be expedited
Ex-insurance agent pleads guilty to obtaining loan using fake documents
MACC to wrap up RM5mil graft probe on ex-minister in two weeks, says Azam
Doctor to be charged with murdering wife and son in JB
PERKESO ready to help university blast victims, says Ramanan
MACC seeks to forfeit assets worth RM11.4mil linked to ex-Army chief graft case, says Azam
Synergy key to Sabah’s security, says NSC deputy DG
MACC, Mindef to meet over procurement processes and anti-graft efforts

Others Also Read