This trend was one-off and total residential property transactions has breached 120,000 units for H1 2024. Perhaps this is also showing the confidence of the people with a rising ringgit, a lot more positive news about data centers, new FDIs etc. Plus the fact that Bursa Malaysia has also been doing pretty well due to the participation of foreign funds too. If we compare H1 2024 to H1 2022 instead, the increase is lower than 6.1 percent (versus H1 2023) but is still a positive 4.98 percent.
