New Residential Property Launches
- New residential property launches amounted to 6,785 units in 2Q 2017.
- On a quarterly basis, this was significantly lower than the average launches of 16,730 units per quarter in the past two years.
- During the quarter, 32% of new launches were priced below RM250,000, higher than the 28% average share during the past two years.
Source: National Property Information Centre (NAPIC)