{"id":626,"date":"2025-06-14T12:00:55","date_gmt":"2025-06-14T12:00:55","guid":{"rendered":"https:\/\/hartaco.com\/?p=626"},"modified":"2025-06-14T12:00:55","modified_gmt":"2025-06-14T12:00:55","slug":"malaysia-sees-decade-high-property-deals-in-2024","status":"publish","type":"post","link":"https:\/\/hartaco.com\/index.php\/2025\/06\/14\/malaysia-sees-decade-high-property-deals-in-2024\/","title":{"rendered":"Malaysia sees decade-high property deals in 2024"},"content":{"rendered":"<p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/hartaco.com\/wp-content\/uploads\/2025\/06\/Malaysia_sees_decade-high_property_deals_in_2024_v1_generated_image_20250614200053.png\" alt=\"Article featured image\"\/><\/figure>\n<\/p>\n<p>Malaysia\u2019s real estate sector has hit a remarkable milestone, with 2024 marking the strongest performance in property transactions since 2014. Both transaction volume and value have surged, reflecting a revitalized market fueled by government policies and economic resilience. The latest data reveals a 5.4% increase in transactions, totaling 420,525 deals, while the overall value skyrocketed by 18% to RM232.3 billion\u2014a clear sign of renewed confidence among buyers and investors.<\/p>\n<p>Key drivers behind this growth include strategic economic initiatives under the Madani Economy framework, such as relaxed MM2H visa requirements and large-scale industrial projects. Finance Minister II Datuk Seri Amir Hamzah Azizan highlighted how these measures have reinvigorated market activity, particularly in residential developments. Newly launched housing units reached 75,784, with a sales rate of 37.3%, while the overhang of unsold properties declined significantly\u2014down 10.3% in volume and 21.2% in value compared to 2023.<\/p>\n<p>Infrastructure projects like the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Rapid Transit System (RTS) are expected to further stimulate demand. The government has also introduced financial incentives, including expanded housing loan guarantees and tax relief for mid-range home purchases, to sustain momentum. These efforts align with Malaysia\u2019s projected GDP growth of 4.5% to 5.5%, which is anticipated to keep the property market robust into 2025.<\/p>\n<p>Looking ahead, authorities emphasize the importance of accurate data collection to guide policy decisions. The National Property Information Centre (NAPIC) plays a crucial role in monitoring trends, and stakeholders are urged to contribute reliable information. With continued collaboration between developers, planners, and regulators, Malaysia\u2019s property sector appears poised for long-term stability and expansion.<\/p>","protected":false},"excerpt":{"rendered":"<p>Malaysia\u2019s real estate sector has hit a remarkable milestone, with 2024 marking the strongest performance in property transactions since 2014. Both transaction volume and value [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-626","post","type-post","status-publish","format-standard","hentry","category-new"],"_links":{"self":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/comments?post=626"}],"version-history":[{"count":1,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/626\/revisions"}],"predecessor-version":[{"id":627,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/626\/revisions\/627"}],"wp:attachment":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/media?parent=626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/categories?post=626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/tags?post=626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}