The Edge Malaysia |
Despite often being perceived as sluggish, Melaka’s property market has been growing steadily in the past couple of years, thanks to a stable rise in residential property prices, improving occupancy rates for commercial property and stronger support from infrastructure developments in the industrial sector, said Rahim & Co International Sdn Bhd at its Property Market Review 2024/2025 presentation held on May 7 in Melaka.
In his presentation, Rahim & Co director of research Sulaiman Saheh said: “Compared to national trends, Melaka showed one of the most consistent and stable property market performances.”
He highlighted that the state recorded an all-time high in volume and value of property transactions last year.
