Is Malaysia ‘in the midst of an affordable housing crisis’? While affordable housing is an important mission, the crisis in this segment of the property market is a problem for major cities in the country.
The common struggle facing builders is largely related to the supply-demand mismatch and slower income growth.
When developers are planning a new project, they are required to devote some space to affordable units. However, they are not always able to get buyers for the majority of the units they are building because of lack of interest or due to pricing.
Media Title: Malay Mail
Date: 16 May 2018