KAJANG: Malaysia’s real estate market recorded a stable performance in the first half of 2023 (1H 2023), with the value of transactions increasing by 1.1 per cent to RM85.37 billion from RM84.40 billion in 1H 2022.
Deputy Finance Minister I Datuk Seri Ahmad Maslan said the volume of transactions, however, showed a marginal decrease of 2.1 per cent to 184,140 for 1H 2023 versus 188,002 in the corresponding period last year.“The residential property segment continued to drive the market, controlling more than 60 per cent of the total transaction volume and nearly 53 per cent of the total transaction value. “It was followed by the agriculture sub-sector with a 19.
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