RECENT data from the National Property Information Centre (Napic) showed that the Malaysian property sector dipped again, with total market volume and value transacted down 4.6% and 2.4% year-on-year (y-o-y), respectively, with 187,230 transactions worth RM105.12bil.

The drop in market activity was telling, as transaction volume fell to its lowest level since the first half of 2022 (1H22).