Weekly Industry News

Home Ownership Campaign sales hit RM14.65bil

Weekly Industry News

Total sales for the ongoing Home Ownership Campaign (HOC) hit RM14.65bil as at Sept 13,2019, surpassing the Real Estate and Housing Developers’ Association’s (Rehda) initial, conservative target of RM3bil.

As at Sept 13, a total of 19,784 residential units had been sold, said Rehda president Datuk Soam Heng Choon.

He said the bulk of the sales came from developments within the Klang Valley, with Selangor and Kuala Lumpur recording 8,259 and 4,775 units, respectively.

“The bulk of the sales comprised properties ranging between RM500,000 and RM750,000, ” he said at a briefing on Rehda’s Property Industry Survey for the first half of 2019.

Media Title:  The Star

Date: 27 Sep, 2019

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