Secondary Market

Finance Ministry: Secondary Market A Good Option For First-Time Homebuyers

As an alternative, first-time home-buyers should look into the secondary market with properties there more affordable, says the Finance Ministry. Director-General of Valuation and Property Services Dr Rahah Ismail said the primary market pricing is usually inflated, due to freebies and rebates, and there is a higher chance for loan eligibility in the secondary market. … Read more

Secondary Market to Continue to Drive Property Market

The secondary housing market moved the real estate business last year, accounting for around 80 percent of the country’s real estate transactions, reported New Straits Times. “New projects account for between 20 and 25 percent. It is the secondary market that drove the market last year,” said Malaysian Institute of Estate Agents (MIEA) past president … Read more