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The Malaysian housing market value is grappling with many formidable challenges in 2023.
These challenges are multifaceted and have the potential to significantly impact the dynamics of the real estate sector in the country.
What are these challenges?
Malaysian housing market 2023
Challenges faced in the real estate industry …
Despite the long uncertainty after the 15th general election (GE15) results, the stability achieved with the appointment of Malaysia’s 10th prime minister will have a positive impact on the commercial and industrial property markets in 2023, according to comments released on Nov 30 by Irhamy Ahmad MRICS, Chartered Valuation Surveyor and CEO and founder of…
By now, it is clear that the major economies of Southeast Asia are likely to outperform the developed world in the second half of 2022, but what about the Philippines? Let’s take a look.
The key economic trends all favour Southeast Asia as a whole. Meanwhile, Europe and North America face more serious struggles with…
Property purchases paid for with cryptocurrency have nearly ground to a halt after their rapid expansion in recent years, in the wake of a p l unge in the value of digital money .
Over the last five years, global cryptocurrency payments for residential and commercial real estate had gone from almost nothing to…
Western Australia’s property market is holding its own, seemingly unperturbed by the COVID-19 pandemic gripping the country.
Amid the unprecedented impacts of coronavirus, Perth agents say it’s yet to impact the local housing market, with an influx of sales including a Dalkeith mansion that sold for $14 million last week.
Director of IQI Australia Lily…
Real estate has always been considered a safe, stable and effective investment, but it is undeniable that the instability brought about by the pandemic has caused housing prices to decline in the first half of 2021.
Fortunately, property prices are trending upward in the third quarter of 2021 as the government gradually opens up the…
Recently, The 12th Malaysia Plan (12MP) announced by the government follows a series of guidelines and initiatives set to recover the economy following the Covid-19 pandemic, highlighting the 12th Malaysia plan housing initiatives for the housing market too.
RM400 billion will be allocated to the plan, a significant increase compared to the RM260 billion distributed…
Beyond the pandemic
Real estate sales and media company Juwai IQI reckons it is not all gloom and doom for the property sector, especially when a recovery is expected to unleash pent-up demand both in Malaysia and elsewhere.
The group's co-founder and chief executive officer Kashif Ansari said Bank Negara Malaysia’s stance in keeping a check on…
Like any career, the real estate industry can be very rewarding when you do your job well. Many real estate agents earn very well and live comfortable, fulfilling and prestigious lives because of it. It’s a job filled with possibilities, of growth, of betterment and of a secure future.
That’s why pursuing a career as…
Property Advertisement
The real estate industry can be pretty competitive. One vital component of real estate marketing is advertising your property; it’s how you attract buyers and let people know about your property, where it is, and that it is up for sale. Without proper advertising, it is nearly impossible to get prospective buyers.…