The Edge Malaysia |
The property sector is expected to see a full recovery by 2026, according to Rahim & Co International Property Consultants Sdn Bhd executive chairman Tan Sri Abdul Rahim Abdul Rahman.
Speaking to City & Country after the launch of Rahim & Co Research Sdn Bhd’s Property Market Review 2024/2025 report on Jan 16, he said, “Although we may not have reached pre-Covid [figures], I expect that by 2026, we would witness a full recovery for the property sector.”
According to the report, the Malaysian property market witnessed a strong 2024. For the first half of 2024 (1H2024), the property sector clocked 198,906 transactions valued at RM105.6 billion across all subsectors. This was the highest level recorded since the market peak of 2011/12.
