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

Blaze rips through 95% of waste management plan in Kuching
Madani govt will be directly involved with GSF 2.0, says PM
Court told of project advisory agreement linked to police contract tender
Convenience store worker dies as two bikes collide in Kluang
Man found dead in parked car in Ayer Keroh
Fire razes five terrace houses in Shah Alam
Hang Tuah Jaya council suspends licence of hotel touted as 'gay-friendly' on website
Over 43,000 litres of misappropriated diesel worth RM124,410 seized in Padang Besar
Johor cops looking for man who allegedly beat girlfriend
Kuching cops seize drugs worth over RM328,000, duo arrested

Others Also Read