Malaysian property prices are expected to continue increasing significantly for the first half of 2024 (1H2024) due to challenges of rising cost of building materials, according to the Real Estate and Housing Developers’ Association (Rehda).

Noteworthy:

• Built-up size: 1,205 sq ft
• Freehold
• Fully furnished
• 3 bedrooms, 3 bathrooms
• Nearby amenities: TERKL, KLCC Park, Pavilion Bukit Bintang, Changkat Bukit Bintang, F&B outlets, Tung Shin Hospital, Raja Chulan Monorail station, Bukit Bintang MRT station, Dataran Merdeka, Central Market, schools
• Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH

When: January 2024

Noteworthy:

• Built-up size: 3,643 sq ft
• Land size: 2,691 sq ft
• Freehold
• Unfurnished
• 5 bedrooms, 6 bathrooms
• Nearby amenities: Glenmarie and Subang Jaya LRT stations, Nu Empire Shopping Gallery, Subang Parade, Paradigm Mall, HELP International School, Collinz International School, JSKL, INTI, UNITAR, Taman Bandaran Kelana Jaya, Shah Alam Stadium
• Accessibility: Federal Highway, NPE, NKVE, Subang-Kelana Jaya Link, KESAS via Subang-Kelana Jaya Link

January 2024

This method is based on the median income of residents by zone, state, and district obtained through the Household Income and Basic Amenities Survey Report 2022.

The two-month toll-free rides would be enjoyed by motorists entering the expressway from the Taiping Selatan, Trong and Beruas toll plazas from both directions.

The homeowners were presented the keys to their respective homes from minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa during the event.

EdgeProp Malaysia highlighted that Kajang’s home prices have been outperforming the national average, with an increase of 8% since 2010 compared to the Malaysian Home Price Index’s 6% growth. 

The Ministry of Housing and Local Government (KPKT) is coming up with a new model of public housing named the Program Residensi Rakyat (PRR), said its minister Nga Kor Ming.

According to Malaysian think tank, The Centre, 73.19% of women prefer to buy homes or continue living in their own properties versus 70.14% of men. 

Malaysia’s central bank on Thursday kept the benchmark interest rates unchanged, as widely expected, citing improving economic growth and moderating inflation.