House Prices in Malaysia

“Although there are signs of cooling in the housing market and personal lending growth has been curtailed, financial vulnerabilities remain due to high household debt and elevated house prices,” according to the new IMF report on Malaysia. Specifically, it says “House prices have risen steadily (…) outpacing incomes and rents. Although population growth is strong this cannot fully explain the increase in house prices compared with other countries. However, there are tentative signs of cooling in the housing market in Kuala Lumpur. Residential supply is increasing (…) and is particularly strong in Johor and has recently recovered in KL.”

Posted by at 3:05 PM

Labels: Housing

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