Malaysia’s property transaction value drops 8.9% in 1Q, reports Napic
Transaction volume also dropped by 6.
Napic’s and Rehda’s differing data—Which one reflects true market sentiment?
We need improved data representativeness, accessibility, and interpretability to make informed decisions on the property market.
REHDA 'heartened' by NAPIC’s report for 2024
Malaysia's property transaction volume and value last year reached their highest levels in a decade last year.
Think tank proposes new way to measure housing affordability, saying current method overlooks critical elements
“While financial affordability measures the monetary burden of owning a home, social affordability focuses on its appeal based on proximity to efficient transportation systems and the availability of job opportunities.
Malaysia’s property sales surge 23.8% y-o-y to RM105b in 1H2024, says Napic
This compares to the RM85.
Shopping complex occupancy rises slightly y-o-y in 2023, office space remains flat
Based on Napic’s Property Market Report 2023 released on Wednesday, the occupancy rate of shopping complex retail space in 2023 rose to 77.
Overhang residential units down 7% in 2023, affordable housing the largest category
Value of overhang residential units also declined 4% to RM17.
RM18.3b worth of unsold houses in 2Q, says deputy minister
Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir stated that, according to the National Property Information Centre (Napic), this indicates a 5.
The Malaysian housing industry is efficient and competitive — the government should just focus on public housing
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.
