(Reuters) - U.S. President-elect Donald Trump on Sunday said he was appointing Bo Hines, who previously ran to represent a North Carolina district in Congress, as executive director of the Presidential Council of Advisers for Digital Assets that will be chaired by incoming crypto czar David Sacks.
PETALING JAYA: Following a steady performance this year, the Malaysian property market is expected to resume its stable growth momentum into 2025.
“With sustained demand in well-connected urban centres and industrial hotspots, Malaysia’s property market is poised for gradual but stable recovery in the years ahead.” “The fear of inflation is also causing people to invest in properties as a hedge against rising costs such as land, building construction, labour and compliance costs.On another note, Tan said Johor has consistently recorded high overhang volumes.
“As such, we believe there is definitely an increased demand for residential properties from both Malaysians and Singaporeans and other foreigners.” According to Napic data, the third quarter of financial year 2024 saw a slight increase in both volume and value of housing transactions, with 70,520 units recorded worth RM28.74bil versus RM28.36bil a year ago.
“There will be some normalisation in the property market and the growth will be organic, going forward. Gone are the days when we used to see the sector rising or falling by 20% to 30%. “The residential property sector continued to dominate transactions, bolstered by demand in urban centres like Kuala Lumpur, Selangor, Johor and Penang.
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