- The property market in Perlis registered an overall improvement
for first nine months of 1999. The total number and total value
of transactions increased by 8% and 6.7% respectively. The total
value in 1999 was RM89.77 million compared to RM84.14 million of
1998.
- The agricultural sector still the most active, contributing 53.9%
of total number transacted. In terms of total number and total value
of transactions, there were an increases of 6.5% and 16.9% compared
to the previous years drops.
- The residential contributed 36.1% share of total property transactions.
Both total number and value increased by 8.5% and 13.1% over the
previous year.
- The total number of transactions for commercial properties increased
by 73%, however, total value dropped 20.3% compared to previous
year.
- The industrial sector had six transaction with total value
of RM1.78 million over last year's value of RM540,000.
- The development land sector was still soft despite signs of an
economic recovery in 1999.
Perlis
(Number of Property Transactions)
|
Year
|
Residential |
Commercial |
Industrial |
Agricultural |
Development |
Others
|
Total |
| 1998 |
759
|
88
|
2
|
1,100
|
99
|
0
|
2,048
|
| 1999 |
863
|
143
|
7
|
1,103
|
63
|
0
|
2,179
|

|