Klang Valley, Property Market, 3Q 2025 ECONOMY / KEY INFRASTRUCTURE UPDATESMalaysia's economy grew by 5.2% in 3Q 2025, driven by sustained household spending, steady investment activities, and growth in external demand (3Q 2024: 5.4%). This brought the growth in the first 9 months of the year (9M 2025) to 4.7%. Full-year Gross Domestic Product (GDP) growth is expected to range between...
Property Market Performance 1H 2025 ECONOMY / KEY INFRASTRUCTURE UPDATESThe full-year Gross Domestic Product (GDP) growth outlook for 2025 has been revised downward following the imposition of new tariffs by the United States on selected Malaysian exports. The International Monetary Fund (IMF) has lowered its GDP growth forecast for Malaysia from 4.7% to 4.1%, reflecting concerns over weaker trade...
Klang Valley, Property Market, 1Q 2025 ECONOMY / KEY INFRASTRUCTURE UPDATESMalaysia's economy grew by 4.4% in 1Q 2025, driven by sustained household spending, expansion in investment activities, and growth in external demand (1Q 2024: 4.2%).Malaysia’s 2025 Gross Domestic Product (GDP) growth is now expected to be lower due to new U.S. tariffs, with the International Monetary Fund (IMF) cutting...
Klang Valley, Property Market, 4Q 2024 ECONOMY / KEY INFRASTRUCTURE UPDATESMalaysia's economy grew by 5.1% in 2024, driven by strong domestic demand and a rebound in exports (cf. 2023: 3.6%).The GDP is projected to expand between 4.5% and 5.5% in 2025, driven by robust domestic demand and improved external conditions.The headline inflation rate for 2024 has eased to 1.8% (cf. 2023: 2.5%). The...
Klang Valley, Property Market, 3Q 2024 ECONOMY / KEY INFRASTRUCTURE UPDATESMalaysia’s Gross Domestic Product (GDP) grew at 5.3% in 3Q 2024, driven by most of the sectors.Exports grew by 11.8% this quarter, up from an 8.4% increase in the previous quarter, fueled by strong performance in the export of goods and services.The Malaysian economy is projected to expand between 4.8% and 5.3% in 2024 (cf....
Property Market Performance 1H 2024 OUTLOOKThe ongoing economic expansion highlights Malaysia's strong fundamentals and investor confidence, with positive momentum anticipated to accelerate throughout 2024. Key strategies contributing to this growth include the National Energy Transition Roadmap, the New Industrial Master Plan 2030, and the Twelfth Malaysia Plan. Additionally, economic resilience will...
Klang Valley, Property Market, 1Q 2024 ECONOMY / KEY INFRASTRUCTURE UPDATESMalaysia's economy grew by 4.2% in 1Q 2024, driven by higher household spending, turnaround in exports, and strong investment activities (cf. 4Q 2023: 2.9%).Bank Negara kept the Overnight Policy Rate (OPR) steady at 3.0%, since 2Q 2023.The OPR is projected to remain unchanged throughout 2024, amid moderating growth...
Klang Valley, Property Market, 4Q 2023 ECONOMY / KEY INFRASTRUCTURE UPDATESFollowing a 3.0% growth posted in 4Q 2023, Malaysia’s full-year GDP normalised to 3.7% (cf. 2022: 8.7%).Resilient domestic expenditure, improved inbound tourism and higher investment drove growth in 4Q 2023.The Overnight Policy Rate (OPR) stayed at 3.0%, subsequent to the only hike of 25 basis points in May 2023. It is...
Klang Valley, Property Market, 3Q 2023 ECONOMY / KEY INFRASTRUCTURE UPDATES In 2Q 2023, the Gross Domestic Product (GDP) grew by 2.9% (cf. 1Q 2023: 5.6%), weighed down by moderation and contraction in all sectors. Private consumption, which accounts for about 60% of the country’s GDP, slowed to 4.3% (cf. 1Q 2023: 5.9%). Domestic tourism expenditures remained robust, totaling RM21.9...
Property Market Performance 1H 2023 ECONOMIC OUTLOOKThe Madani Economy Framework, outlined in the recently released Retabled Budget for 2023, will play a central role in driving Malaysia's economic transformation.Resilient domestic demand will support moderate growth in 2H 2023 despite external limitations. Though private consumption softens, it is still poised to be the primary driver of growth.The...
