Kashif Ansari, CEO of Juwai IQI Group, stated that fewer unsold houses lead to increased demand from families, stabilizing prices and supply.
The residential market thrives, decreasing unsold properties in previously struggling states, with solid performance seen.
Malaysia’s stable economic growth results from government proactive measures and wise management by Bank Negara Malaysia (BNM).
The private sector propelled the gross domestic product (GDP) growth rate of 5.6 percent in the first quarter.
The economy has recovered sufficiently and no longer needs that extra boost. Falling inflation rates improve consumer confidence and raise the prospect of stable or lower interest rates.
Core inflation fell from 3.1% to 2.9% in the first quarter. It is believed that inflation has been tamed and that moderate drops will be experienced in the six months ahead.
Read more here!
EN: New Straits Times, BusinessToday
BM: Bernama, Dagang News, Buletin TV3, BeritaHarian
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