The Edge Malaysia |
The Malaysian property market had a good 2024, with notable increases in transaction volume and value in the first nine months (9M2024) across all segments, particularly in residential and industrial. This growth was driven by economic stability, investor confidence and a robust financial system, which collectively supported market momentum.
The general consensus among the consultants whom City & Country spoke to is that the market will remain positive heading into 2025. Key factors include rising minimum wages hence stronger spending power, lower unemployment rate, growing foreign direct investment (FDI) and more upcoming mega projects and policies that are set to benefit the industry. Read on for further insights from these experts.
