- The total property market in 1999 rose 36.6% compared to previous
year's decline of 38.7%. Most of the property sector recorded improvements,
particularly industrial sector with 185.7% increased in transactions.
- The residential property market in Negeri Sembilan marked an improvements
of 36.7% increase in transaction volumn and a small increase of
4.7% in total value transacted. Seremban continued to dominate in
residential transactions, accounting 75.4% of total. Rembau registered
the most improvement by 172.9%.
- In residential sector, property priced below RM150,000 had a strong
demand. 49 projects out of the state's new launchings, only 5 projects
were offered above RM150,000.
- After the relaxation of loan restrictions on property br Bank
Negara, the retail sector recorded an increased of 25.7% in total
retail transactions. However, the total value dropped 5.1%
- The industrial sector registered impressively in both total transactions
and total value, increased by 185.7% and 57.7% respectively.
Negeri
Sembilan (Number of Property Transactions)
|
Year
|
Residential |
Commercial |
Industrial |
Agricultural |
Development |
Others
|
Total |
| 1998 |
8,697
|
900
|
298
|
813
|
333
|
14
|
11,055
|
| 1999 |
12,160
|
1,258
|
629
|
1,013
|
369
|
5
|
15,434
|

|