Malaysian residential real estate market headed for rally in next 12 months

Residential real estate market in Malaysia is headed for a post-pandemic rally over the next 12 months, according to Juwai IQI Malaysia Property Survey and Index Q3’22.

Juwai IQI co-founder and group CEO Kashif Ansari said real estate agents around Malaysia told the group that prices and rents are likely to increase significantly over the next 12 months.

“If they are right then we should expect a significant increase in activity. In that scenario, people who own their own homes will benefit from the increasing values, while those who rent or are seeking to buy will have to continue to raise their budgets,” said Kashif in a statement today.

Thank you to the following news outlets for the feature: The Sun Daily, Focus Malaysia, Free Malaysia Today, New Straits Times, Bernama, Awani, Dagang News, Berita Harian, Retalk Asia.

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