Weekly Industry News

Housing affordability: The reality

Weekly Industry News

Housing market activities fell in the first half of 2020 (1H2020) while non-residential properties experienced above-average vacancy rates and depressed rental yields, Bank Negara Malaysia (BNM) said.

The central bank said house prices in the residential property segment, as measured by the Malaysian House Price Index (MHPI), was positive albeit slower growth of 1.1 per cent in 1H2020 compared to 2.2 per cent in the same period last year.

Media Title: EdgeProp.my

Date: 16 Oct 2020

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