KAJANG, March 6 – Malaysia's property market recorded more than 399,000 transactions worth close to RM200 billion in 2023, an increase of 2.5 per cent in terms of the number of transactions and a growth of 9.9 per cent in terms of value compared to 2022.
Meanwhile, unsold or overhang residential properties declined to 26,000 units worth RM17.7 billion in 2023 compared to 28,000 units worth RM18.41 billion in 2022, said Finance Minister II Datuk Seri Amir Hamzah Azizan at the launch of the Property Market Report 2023, here today.
