Malaysia property market expected to be flattish in 2018
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Property transactions are expected to be flattish in 2018, marking yet another challenging year for the Malaysian property market, according to real estate consultancy firm Rahim & Co International Sdn Bhd.
However, it said many are hoping that the results of the forthcoming general election would give a firmer direction for the nation, hence re-igniting the momentum in the property sector.
Although it may be too soon to say that the market has bottomed out, Rahim & Co does not expect the market in 2018 to be much worse off than in 2017.
The property market is expected to be flat and stable, while waiting for the consumers’ wait-and-see attitude to warm up.
Questions & Answers
Q.Which firm predicts the Malaysian property market will be largely flat in 2018?
Which firm predicts the Malaysian property market will be largely flat in 2018?
Real estate consultancy firm Rahim & Co International Sdn Bhd expects property transactions to be flattish. They also suggest the market will be stable, not much worse than 2017.
Q.What event are many hoping will provide clearer direction for the property sector?
What event are many hoping will provide clearer direction for the property sector?
Many are hoping the results of the forthcoming general election will give a firmer direction for the nation. This is anticipated to re-ignite momentum within the property sector.
Q.Is the Malaysian property market expected to worsen significantly in 2018 compared to the previous year?
Is the Malaysian property market expected to worsen significantly in 2018 compared to the previous year?
Rahim & Co does not expect the market in 2018 to be much worse off than in 2017. The market is anticipated to be flat and stable, as it waits for consumers to become more active.
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