Kuala Lumpur, 15 December 2022 – The Malaysian property market will continue to face challenges as it moves towards recovery in 2023, according to PropertyGuru Malaysia’s Property Market Outlook Report 2023. This comes on the back of continuous economic and political instability in the country, resulting in an overall downcast in consumer sentiment.
Sungai Petani, 16 December 2022 – Leading specialists in developing and regenerating land for affordable housing, Lagenda Properties Berhad in partnership with Bina Darulaman Berhad has now made it possible for young people to buy and own their first home. The first phase of the Darulaman Lagenda township, consisting of 282 units of affordable landed homes, was completely sold out in a matter of days after its launch. The strong demand was backed by overwhelming support from the younger generations, with sales data indicating that 53% of purchasers were aged between 20 to 30 years old while 41% of buyers were from the 31 to 40 age group.