{"id":70439,"date":"2023-07-25T17:09:46","date_gmt":"2023-07-25T09:09:46","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=70439"},"modified":"2026-01-09T16:05:24","modified_gmt":"2026-01-09T08:05:24","slug":"malaysian-residential-market-set-to-soar-in-h2-2023","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/malaysian-residential-market-set-to-soar-in-h2-2023\/","title":{"rendered":"Malaysian Residential Market Set to Soar in H2 2023"},"content":{"rendered":"\n

Kashif Ansari, CEO of Juwai IQI Group, stated that fewer unsold houses lead to increased demand from families, stabilizing prices and supply.<\/p>\n

The residential market thrives, decreasing unsold properties in previously struggling states, with solid performance seen.<\/p>\n

Malaysia’s stable economic growth results from government proactive measures and wise management by Bank Negara Malaysia (BNM).<\/p>\n

The private sector propelled the gross domestic product (GDP) growth rate of 5.6 percent in the first quarter.<\/p>\n

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. <\/p>\n

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.<\/p>\n