According to Real Estate and Housing Developers’ Association Malaysia (REHDA) president Datuk NK Tong, inflation and a higher cost of doing business are likely to push property prices up by double-digit this year. On average it will be a double-digit increase in property prices but in the past six months the anticipated price increase has not materialised. This is also reflected in the moderation of construction materials’ prices.
Month: February 2023
Inve$t |Market Sentiments | 17 February 2023 Download Inve$t #144 According to Fitch Solutions Country Risk and Industry Research, in a statement dated Feb14, Malaysia’s economic growth is expected to slow to 4.0% this year from 8.7% in 2022, due…
Market Sentiments | Inve$t | 10 February 2023 Download Inve$t #143 According to MIDF Research, Malaysia’s labour market recovery continued as the unemployment rate was maintained at 3.6% in Dec 2022. The unemployment rate for youth aged 15-24 descended to…
Inve$t | Market Sentiments | 3 February 2023 Download Inve$t #142 According to MIDF Research, Malaysia’s external trade activities is expected to expand steadily beyond 2023 amid the impact of new trade agreements, apart from elevated commodity prices and lower monetary…