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.

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