Property market gradually returning to normalcy, Rehda survey indicates thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
Inflation and a higher cost of doing business are likely to push property prices up by double-digit this year, Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk NK Tong has cautioned.
PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) Malaysia found that 51 per cent of property developers are not planning to launch new projects in the first half (1H) of 2023, given the unfavourable market conditions.
KUALA LUMPUR, Oct 21 Housing developers revealed today that it could take anywhere from half a year to two years for the Malaysian property market to fully recover from the tumultuous effects of the Covid-19 pandemic. Real Estate & Housing Developers’ Association Malaysia (Rehda).