NAPIC: Property market improved in 2021 but challenges remain
The Malaysian property market performance improved year-on-year (y-o-y) in 2021 but total transactions remain below pre-pandemic levels recorded in 2019, according to the National Property Information Centre (NAPIC).
Residential properties account for majority of 2021 property transactions
Residential properties accounted for the major chunk of property market transactions in Malaysia in 2021, totaling 198,812 transactions worth RM76.9 billion recorded during the year.
Taking charge of the real estate industry with technology
The real estate industry is constantly changing in tandem with the emerging technologies. In fact, besides becoming a daily part of our lives, technologies are also disrupting the real estate industry business model.