Residential property market on the way up, says real estate group | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

GEORGE TOWN, Oct 2 — The residential property market in the country is picking up this year and even recorded a higher value of transactions as at September this year compared to the whole of 2018 for the primary market, an international real estate federation revealed yesterday. FIABCI Malaysia...

Wednesday, 02 Oct 2019 06:53 AM MYTFIABCI Malaysia President Michael Geh said the Malaysian residential property market recorded RM14.65 billion worth of transactions in the primary market between January and September this year. — Picture by Yusof Mat Isa

This far surpassed the total value of transactions of RM12.91 billion for the primary market for the whole of 2018, he said. Citing figures from National Property Information Centre that was compiled by Raine and Horne International Zaki & Partners Sdn Bhd, Geh said the Housing and Local Government Ministry and Finance Ministry have been proactive in consulting stakeholders in the property sector to come up with effective policies for the industry.

The primary market recorded 17,165 transactions worth RM9.96 billion while the secondary market recorded 82,757 transactions worth RM27.69 billion in the first half of this year, he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thank you Pakatan Harapan! On the way up!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines