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Property market set to stabilise this year

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The Malaysian property market is expected to stabilise in 2024 despite economic uncertainties, with certain areas and submarkets positioned for more robust growth.

To boost the real estate market, PropertyGuru urges the government to address the issues of cost of living and stagnant income.

“Opportunities exist for homeowners and sellers within certain hotspots and areas with underserved demand. Moving forward, PropertyGuru foresees several trends that will impact the Malaysian property sector this year, such as sustainability and inclusivity in the local property market.

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