Rahim & Co Reviews The Malaysian Property Market And The Prospects Of 2018
Last update: 12/02/2018
KUALA LUMPUR, Feb 12 (Bernama) -- Rahim & Co International Sdn Bhd officially released their annual publication 'Rahim & Co Research - Property Market Review 2017/2018' today. It is a nationwide coverage of the property market in key sectors including residential, retail, office, hotel and industrial. The press conference highlighted significant issues related to the property market as well as Rahim & Co's prospect for this year.
Despite the economic growth momentum as evidenced by GDP growth of 6.2% in the 3rd quarter of 2017 (3Q2017) amidst encouraging signs in oil prices, the improved Malaysian Ringgit and business conditions, Malaysia's property market did not show much improvement in transactional activity from the downtrend that was seen since 2013. But the pace of property market slowdown had decelerated.