Property prices continue to climb despite declining demand
KUCHING: PropertyGuru Malaysia’s Property Market Report (MPMR) Q1 2023 highlighted that property prices grew despite declining buyer demand, expanding the buyer-seller gap. PropertyGuru reported asking prices up 1.5 per cent QoQ in its news release on Thursday (Feb 16). Last year, the overnight policy rate climbed to 2.7 per cent, potentially boosting house ownership costs. […]
Potential home buyers await economic stability
KUALA LUMPUR: PropertyGuru Malaysia yesterday announced that its Malaysia Property Market Report (MPMR) Q1 2022, powered by PropertyGuru DataSense, registered a substantial increase in the Rental Demand Index in Q4 2021, with a hike of 30.53 per cent quarter-on-quarter (QoQ) and 57.91 per cent year-on-year (YoY). The Rental Demand Index, which represents the proportion of […]
Subdued asking prices in property market
KUALA LUMPUR: PropertyGuru Malaysia has found that asking prices for properties in Malaysia have dropped quarter-on-quarter (QoQ). In its Property Market Index quarter one 2021 report, Kuala Lumpur, Johor and Penang registered a drop of 1.80 per cent, 0.83 per cent and 0.78 per cent respectively while Selangor is the only market with a slight […]
