Industry News Update (7 February 2023)

 Residential property overhang easing, but concerns remain

THE Malaysian residential property market is seeing a slight improvement with the number of overhang residential units shrinking by 15.4% in the third quarter of 2022 (3Q22).

Residential auction growing in popularity

THE pandemic has fuelled demand for auction properties — especially residential units — as the prices now tend to be lower than their market values.

FIABCI大马分会新一年持续创新 与伙伴建立更稳固关系

世界不动产联盟(FIABCI)马来西亚分会主席拿督菲道斯慕沙表示,展望新一年,房地产行业持续发展和变化,我们必须做好适应和创新的准备,才能保持领先地位,大家一起共同团结努力才能建立更牢固的关系。