PETALING JAYA (April 16): With the COVID-19 crisis and worries over an economic recession, housing price in Malaysia is expected to fall by between 10% to 15%, which is a deeper drop than in 1998 during the Asian Financial Crisis, according to NawawiTie Leung Property Consultants director and regional head of research and consulting Saleha Yusoff.
PETALING JAYA (April 3): Banks and most households in Malaysia can withstand severe house price and income falls, according to Bank Negara Malaysia (BNM), based on a series of housing price shock simulations carried out to determine the resilience of households and banks to survive in the event of such hypothetical housing market correction.
KUALA LUMPUR (Oct 24): Economist Muhammed Abdul Khalid said the government should not adjust the price threshold for foreigners to buy houses and let the property market adjust itself, according to a report today in Free Malaysia Today.
KUALA LUMPUR (April 25): Housing price discovery using the sales comparison approach is one of the reasons prices of residential units are inflated in certain parts of Malaysia, according to Khazanah Research Institute (KRI).
PETALING JAYA (Dec 26): Research from a global property firm has found that Kuala Lumpur home prices fell this year.
PETALING JAYA (May 14): Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance.
KUALA LUMPUR (Oct 23): The median home value in Malaysia has hit the RM300,000 mark in the first half of 2015 (1H15), with Selangor, Penang, Sabah and Sarawak continuing to exceed the average price since 2004.