Home ownership and affordability in Malaysia: Facts and myths
Home ownership rates rose from 2012 to 2019 across the country, except for Perlis and the Federal Territory of Labuan, according to a DoSM survey .
Home ownership rates rose from 2012 to 2019 across the country, except for Perlis and the Federal Territory of Labuan, according to a DoSM survey .
“We should not ‘brand’ affordable housing as an effort that only the government can provide,” said Suraya Ismail, Director of Research in Khazanah Research Institute.
“Government assistance is usually given when the price of houses supplied by the private market sector fails to meet the needs of the poor.
KUALA LUMPUR (April 26): Financing schemes in support of home ownerships, such as rent-to-own programmes, could distort the market by supporting high house prices, said Khazanah Research Institute (KRI).
KUALA LUMPUR (April 26): One of the reasons house prices are inflated in certain parts of the country is the sales comparison approach used in evaluating property prices here, said Khazanah Research Institute (KRI).
PETALING JAYA (Jan 30): To resolve the property supply and demand mismatch in Malaysia, Khazanah Research Institute (KRI) director of research Dr Suraya Ismail opined that housing prices just need to be within the average wage earners’ affordability level.
KUALA LUMPUR (Nov 2): The country cannot have a “one-size-fits-all” affordable housing policy, said the Khazanah Research Institute (KRI) recently.
KUALA LUMPUR (Oct 16): Malaysian households earning less than RM2,000 spent 94.
KUALA LUMPUR (Oct 16): There are huge disparities in the income threshold of the Middle 40 (M40) in the various states across Malaysia, according to Khazanah Research Institute’s (KRI) latest report.
KUALA LUMPUR (Oct 16): The wealth gap is widening although the income growth among the middle group (M40) and low (B40) group is faster than the rich.