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

National service intake to hit 100,000 recruits yearly with use of universities
Dog freed after hours with head stuck in tyre rim
Heed the King's decrees, says Anwar
Housing reforms, curbing urban poverty among ministry's priorities in 2026, says Nga
Former firing ranges identified as sites of SASaR housing projects, says Defence Minister
Iskandar Puteri cops nab man for assaulting policeman with motorcycle rim
PM grateful to all for making Malaysia's Asean chairmanship a success
Malaysia aids Thailand in border hunt for three suspects behind bomb attacks
Armed Forces info leaks can lead to national security issues, says Khaled
Melaka projects 5% GDP growth for 2025

Others Also Read