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Malaysia’s property market to remain stable in 2024 with sustained growth in next 3 years, says housing minister Nga

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Property Industry,Nga Kor Ming

KUALA LUMPUR, June 6 — Malaysia’s property market is poised to remain stable in 2024, followed by sustained growth in the next three years, bolstered by various initiatives of...

Malaysia’s property market to remain stable in 2024 with sustained growth in next 3 years, says housing minister Nga

The minister said the property market has demonstrated significant growth and resilience, with individual property counters experiencing up to 600 per cent growth in share price appreciation. “ 22 counters showed a decrease in share prices, two counters maintained their share prices despite fluctuations,” Nga said in a statement.He noted that among the top counters were DPS Resources Bhd, registering 600 per cent growth in share price, UEM Sunrise Bhd, posting a 347 per cent increase and WMG Holdings Bhd, which appreciated by 326 per cent from January 2023 to June 2024.

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