Property Trend
Malaysia's property focus point

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Property Trend Selangor 1998
  • The total number of transactions recorded a drop of 26.5% in 1998 compared to the 8.0% drop last year.
  • The total value of transactions plunged 48.3% as opposed to the 1.6 increase last year.
  • The residential sector was still the most active sector, forming 79.2% of the total property transactions in 1998.
  • Agriculture was the least active sector at 9.9% of the total transactions compared to 1997.
  • In terms of the total value of transactions, the residential sector also led the way at 57.4%, followed by the commercial and industrial sector, at 16.4% and 14.6%.
  • Properties priced at RM100,000 – RM150,000 were still the most popular type as indicated by the volume of transactions at 18.0% of the total. This is followed by the RM150,000 – RM200,000 range at 14.1% of the total.

Selangor

Year

Residential Commercial Industrial Agricultural Development Others Total
1997 38,001 3,089 3,022 4,972 1,048 46 50,178
1998 29,074 2,214 1,474 3,672 313 25 26,772