October 2022

Selangor remains the property’s hotspot state

Shah Alam, Selangor’s capital, is a focal point of many existing and new infrastructure developments. The state still experiences the most property transactions. Key players in the property industry remain confident of Selangor’s continued status as a prime investment area, with no signs of the trend changing. Selangor’s prominence was well-recorded even during the pandemic, when in 2021,...

Rehda: Property launches and sales in West Malaysia drop during 1H2022

Property developers in West Malaysia reported a 26% decline in unit launches and a 5% sales drop in the first half of 2022 (1H2022) from the second half of last year (2H2021), according to Real Estate and Housing Developers’ Association (Rehda) Malaysia. Rehda’s survey of 150 respondents released on Wednesday (Oct 12) found that 7,843 units were launched in 1H2022, of which 45% or 3,549 units were...

Malaysia Budget 2022 vs 2023 for homebuyers and owners

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has tabled Budget 2023 on Friday, Oct 7. This year’s theme is “Strengthening Recovery and Facilitating Reforms towards Sustainability of Economic Resilience and Wellbeing of Keluarga Malaysia”. What’s in it for homeowners and property buyers? Let’s take a look at what changed or improved from 2022 versus Budget...

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