News about Napic

The figure was a 9.

Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir stated that, according to the National Property Information Centre (Napic), this indicates a 5.

How do we compare our building costs to those in neighbouring countries? Are Malaysian developers making excessive profits? Are they building the wrong products at unreasonably high prices to maximise profits, resulting in an excessive number of unsold houses, instead of building more affordable houses? Last week, we provided our data-based analysis that contradicts the prevailing myth that housing is generally unaffordable in Malaysia.

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 .

PR1MA must be held accountable for all its decisions.

“Almost 58% of the overhang was condominiums and apartments.

Selangor contributed the highest volume and value to the national market share, with 26.

Group chief executive director and executive director Jeffrey Chew Sun Teong said the 10% targeted sales growth is “conservative”, considering weaker market sentiment this year compared to last year amid concerns over high inflation and economic prospects.

Napic, which is under the Ministry of Finance's valuation and property services department, said on Monday (May 15) that residential market activity in the first quarter of 2023 (1Q2023) already saw a decline, partly due to the gradual increase of OPR to 2.

There is a widely held perception that housing is increasingly out of reach for the younger generation of Malaysians.