Despite the overall slowdown in the Malaysian property sector, house prices continue to climb – NAPIC’s latest data for the residential market in Q32016 recorded a year-on-year decline in transaction volume and value by 13.9% and 12%, respectively. What is worrying is the lower drop in value – when measured up against the transaction numbers, the math shows that there has in fact been a 1.91% increase in the average property price. 

Accused of being too profit seeking, should some developers be held accountable to a certain extent for spiralling property prices? Is it possible for them to provide more affordable prices by reducing their profit margins?


Source: Malaysia / Section: News / Date: 14 Jan 2017
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