The increase in housing demand was driven by affordable properties in Klang Valley’s suburban areas.
Premendran Pathmanathan, general manager of customer data solutions, REA Group Asia, said the demand was driven by affordable properties in Klang Valley’s suburban areas. “Working from home is becoming a norm. People are starting to look at options for more affordable, larger units.” The analysis also showed Kuala Lumpur, Penang and Johor seeing negative growth in subsale property demand, with Johor recording the biggest property overhang in the country and a 22.8% decrease in demand.
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