KUALA LUMPUR: The prime residential market in Kuala Lumpur saw a four per cent improvement in 2023 and is expected to stay dynamic this year, given Malaysia’s positive macroeconomic drivers.
JLL Malaysia managing director and head of Value and Risk Advisory, Jamie Tan said the property market is expected to continue its positive trajectory barring external shocks backed by strong fundamentals for all market sectors.
This is evident in the rising launches across various segments, including prime and luxury properties.
"Capital values or price per square foot remained unchanged in 2023 to the first quarter (1Q) 2024.
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