The Edge Malaysia |
The real estate market has been through turbulent times of late, with much uncertainty in the domestic and international markets. Sabah’s property market, however, seems to be holding steady.
According to Rahim & Co International Sdn Bhd regional manager (Sabah) Max Sylver Sintia, the state’s residential property market “has shown some upward strength, although it is still weaker than before the pandemic”. Real estate activity continued to improve in 3Q2021, he adds.
In presenting The Edge Kota Kinabalu Housing Property Monitor 3Q2021, Max highlights that the number of residential properties transacted in Sabah during the period in review stood at 1,218. These transactions were valued at RM474.16 million, up 8.44% from a year earlier.
