Strong Q1 showing in Malaysia’s property market as transaction volume, new projects rise

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Valuation And Property Services Department News

Property Market

KUALA LUMPUR, May 15 — The Valuation and Property Services Department (JPPH) said today the property market is rebounding after years of pandemic-induced slow down, with data...

‘Leave me alone’, Hindu mum of kids unilaterally converted by dad tells Perlis Islamic authority after Federal Court rules in her favourAccording to the Valuation and Property Services Department, the property market is rebounding after years of pandemic-induced slow down.

Over 104,000 transactions were recorded in the January to March period, registering a 17 per cent growth from the same period in 2023 and a 37 per cent growth in value , the department said in a report released this morning. Residential properties continued to dominate market activities, accounting for 60.2 per cent of total transactions, followed by agriculture at 20.5 per cent.

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