Malaysia is targeting RM200 billion in property transaction value this year, driven by an expanding middle class and sustained demand for residential spaces.
Housing and Local Government Minister Nga Kor Ming said the government remained cautious and aware of the challenges, including the recent Liberation Tariff introduced by the United States.
“The recent Liberation Tariff introduced by the United States has sent shockwaves through global markets, disrupting supply chains, inflating costs, and reshaping investment flows.
“In this period, one thing remains certain – uncertainty. We must act quickly and adapt to navigate these challenges effectively,” Nga said during his speech at the preview launch of the International Architecture, Interior Design and Building Exhibition (Archidex) at Crowne Plaza here today.
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