{"id":650,"date":"2025-06-15T20:01:10","date_gmt":"2025-06-15T20:01:10","guid":{"rendered":"https:\/\/hartaco.com\/?p=650"},"modified":"2025-06-15T20:01:10","modified_gmt":"2025-06-15T20:01:10","slug":"property-market-poised-for-growth-in-2024","status":"publish","type":"post","link":"https:\/\/hartaco.com\/index.php\/2025\/06\/15\/property-market-poised-for-growth-in-2024\/","title":{"rendered":"Property market poised for growth in 2024"},"content":{"rendered":"<p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/hartaco.com\/wp-content\/uploads\/2025\/06\/Property_market_poised_for_growth_in_2024_v1_generated_image_20250616040108.png\" alt=\"Article featured image\"\/><\/figure>\n<\/p>\n<p>Malaysia&#8217;s real estate market continues to show promising signs of growth, with analysts pointing to multiple factors driving sustained demand. Key developments like the Johor-Singapore Special Economic Zone and stable interest rates are creating favorable conditions, while data reveals a consistent rise in property loan applications\u2014up 6% year-on-year in December 2024.<\/p>\n<p>MIDF Research highlights two standout players in the sector: Mah Sing Group and Matrix Concepts. The firm maintains a bullish stance on Mah Sing, citing its focus on affordable housing and strategic land acquisitions, with a target price of RM2.09. Similarly, Matrix Concepts is poised for growth, particularly through its MVV City project, which boasts a massive development value of RM12 billion and significant land area.<\/p>\n<p>Recent stock performances reflect investor confidence, with Mah Sing trading at RM1.47 and Matrix Concepts at RM2.23 per share. Market watchers are keenly awaiting fourth-quarter earnings reports from property firms, expected later this month, which could provide further insights into sector performance.<\/p>\n<p>The broader economic recovery post-pandemic has also played a crucial role in revitalizing property demand. Initiatives like the Johor Baru-Singapore Rapid Transit System add to the positive sentiment, reinforcing Malaysia&#8217;s position as an attractive real estate market. With these tailwinds, the outlook for 2024 remains optimistic.<\/p>","protected":false},"excerpt":{"rendered":"<p>Malaysia&#8217;s real estate market continues to show promising signs of growth, with analysts pointing to multiple factors driving sustained demand. Key developments like the Johor-Singapore [&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-650","post","type-post","status-publish","format-standard","hentry","category-new"],"_links":{"self":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/650","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=650"}],"version-history":[{"count":1,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/650\/revisions"}],"predecessor-version":[{"id":651,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/650\/revisions\/651"}],"wp:attachment":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/media?parent=650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/categories?post=650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/tags?post=650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}