Malaysia housing price drop could be worse than in 1998

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.

READ MORE

BNM: Malaysian house prices remain seriously unaffordable

KUALA LUMPUR (April 3): Malaysian house prices, relative to income, remain seriously unaffordable, due to a pronounced and prolonged mismatch between demand and supply, stated Bank Negara Malaysia (BNM) in its Financial Stability Review for Second Half 2019 released today.

READ MORE