{"id":825,"date":"2025-08-08T09:08:22","date_gmt":"2025-08-08T09:08:22","guid":{"rendered":"https:\/\/hartaco.com\/?p=825"},"modified":"2025-08-08T09:08:22","modified_gmt":"2025-08-08T09:08:22","slug":"housing-sector-growth-expected-to-decelerate-in-2024","status":"publish","type":"post","link":"https:\/\/hartaco.com\/index.php\/2025\/08\/08\/housing-sector-growth-expected-to-decelerate-in-2024\/","title":{"rendered":"Housing sector growth expected to decelerate in 2024"},"content":{"rendered":"<p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/hartaco.com\/wp-content\/uploads\/2025\/08\/Housing_sector_growth_expected_to_decelerate_in_2024_v1_generated_image_20250808170820.png\" alt=\"Article featured image\"\/><\/figure>\n<\/p>\n\n<p>Malaysia&#8217;s real estate sector is expected to experience modest growth in 2024, with industry experts anticipating stable rather than dramatic changes. Market analysts suggest the property landscape is transitioning toward sustainable, long-term development rather than rapid expansion. This shift reflects a maturing market less susceptible to speculative fluctuations, according to real estate professionals.<\/p>\n\n<p>Transaction data from the National Property Information Centre shows a decline in both value and volume during the first quarter of 2024 compared to the previous year. Despite this, demand remains steady, supported by manageable inflation and recent interest rate reductions. Bank Negara&#8217;s decision to lower the overnight policy rate to 2.75% has eased housing loan repayments, contributing to market stability. Analysts note that approved property loans have seen a gradual increase, suggesting cautious optimism among buyers.<\/p>\n\n<p>Affordable housing continues to drive activity, particularly for units priced below RM500,000. Developers have adjusted by offering smaller built-up areas, a trend that has gained acceptance among buyers. Financing accessibility remains a key factor, with banks maintaining reasonable approval rates. Market sentiment remains resilient, though experts acknowledge potential risks from global economic uncertainties, including trade tensions and geopolitical instability.<\/p>\n\n<p>Looking ahead, industry observers predict a steady but unspectacular performance for the remainder of the year. While external factors could introduce volatility, the domestic market appears well-positioned to absorb minor shocks. The residential segment, in particular, remains active, with buyers continuing to enter the market. Barring unforeseen economic disruptions, Malaysia&#8217;s real estate sector is likely to maintain its current trajectory of measured, sustainable growth.<\/p>","protected":false},"excerpt":{"rendered":"<p>Malaysia&#8217;s real estate sector is expected to experience modest growth in 2024, with industry experts anticipating stable rather than dramatic changes. Market analysts suggest the [&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-825","post","type-post","status-publish","format-standard","hentry","category-new"],"_links":{"self":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/825","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=825"}],"version-history":[{"count":1,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/825\/revisions"}],"predecessor-version":[{"id":826,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/posts\/825\/revisions\/826"}],"wp:attachment":[{"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/media?parent=825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/categories?post=825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hartaco.com\/index.php\/wp-json\/wp\/v2\/tags?post=825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}