{"content":"**ECONOMY / KEY INFRASTRUCTURE UPDATES​**\n\n*   Malaysia’s economy grew by 5.1% in 2024, driven by strong domestic demand and a rebound in exports (cf. 2023: 3.6%).\n*   The GDP is projected to expand between 4.5% and 5.5% in 2025, driven by robust domestic demand and improved external conditions.\n*   The headline inflation rate for 2024 has eased to 1.8% (cf. 2023: 2.5%). The stabilisation of price growth in the Food and Beverage, Transport, Household Equipment, and Restaurant & Accommodation Services sectors mainly drove this decline.\n*   The labour market improved in 4Q 2024, with the unemployment rate dropping to 3.2% (4Q 2023: 3.3%), the lowest post-pandemic level. This was driven by higher employment growth, boosting economic growth and consumer confidence.\n*   Bank Negara Malaysia has remained OPR at 3.0% unchanged, due to a balanced outlook on growth and inflation risks.\n\n![](https://cbre-wtw.com.my/wp-content/uploads/2025/03/Klang-Valley-Snapshot-4Q-2024.png)","original_url":"https://cbre-wtw.com.my/klang-valley-property-market-4q-2024/","path":"/klang-valley-property-market-4q-2024","title":"Klang Valley, Property Market, 4Q 2024 - CBRE | WTW","page_type":"article","word_count":141,"key_claims":["GDP 5.1% in 2024 vs 3.6% in 2023","2025 projected 4.5-5.5%","Inflation 1.8%","OPR maintained at 3.0%"],"content_summary":"CBRE WTW Klang Valley 4Q 2024: Malaysia GDP 5.1%, inflation 1.8%, unemployment 3.2%. GDP projected 4.5-5.5% for 2025.","topics":["Klang Valley","Malaysia economy","GDP 2024","property market"],"author":null,"published_date":"2025-03-04T06:50:57+00:00","price":null,"currency":"MYR","parent_profile":{"id":"af3538f3-ea87-4442-bc57-aea19c29ad08","slug":"cbre-wtw-com-my","name":"Home - CBRE | WTW","url":"https://cbre-wtw.com.my/"}}