OVERVIEW & MARKET OUTLOOK On 24 March 2025, Bank Negara Malaysia (“BNM”) reported that the Malaysian economy is projected to grow between 4.5% and 5.5% in 2025. This growth will be driven by sustained domestic demand, despite heightened external uncertainties that could lead to a more moderate expansion of exports. While uncertainties remain on the global horizon, Malaysia’s diversified economic structure and a wide array of policy tools will drive resilience and agility to navigate these headwinds. Overall, the Malaysian economy will remain on a steady growth path and continue its pursuit of key structural reforms to ensure sustainable growth for the years to come. On the property front, Malaysia’s property market sees a more vibrant year ahead, experiencing positive growth across all sectors. According to the recent property summit held on 20 February 2025, speakers at the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (“PEPS”) 44 ANNUAL REPORT 2024
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