Malaysia’s property market holds steady in 2024, driven by strong demand and new projects

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KUALA LUMPUR, Dec 17 — Malaysia’s housing market, and by extension the property sector, remained resilient and stable th...

Property companies navigated a mixed landscape with moderate growth, balancing cost pressures and cautious demand in the residential sector this year while commercial properties showed signs of recovery but face longer-term structural challenges.

Budget 2025 also saw the Madani Deposit scheme, a reintroduction of the previous MyDeposit Scheme and My First Home Scheme to help first-time house buyers with a RM30,000 deposit.“Everyone should have access to decent and affordable housing.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Malaysia property market Malaysia economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 08:46:29 (3 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 1171 words

Reading Time: 7 minutes read

Sentences: 43 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 24563328

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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Year Established: 1896

Headquarters: Malaysia

News Last Updated: 1 days ago

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Publisher ID: #106

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