No Property Bubble in Malaysia

Is property bubble forming in Malaysia? Home buyers are complaining on the sky-high property prices! The worst thing is, the prices are still on the uptrend! They claim it was due to over speculation by investors. Is that true?

According to REHDA president Datuk Michael Yam, the property bubble is not really happening. He shared his points of view on the statement by analyzing the cost component of property in Malaysia and other countries during an interview conducted by www.starproperty.my.

COST COMPONENT OF PROPERTY DEVELOPMENT

Based on the diagram, it indicates that land price in Malaysia is still very cheap. Do you get the points?

REHDA (Real Estate and Housing Developer’s Association Malaysia) represents 1,000 property development companies and is involved in governance and advocacy for the delivery of housing and real estate to the nation, working with the Government and other stakeholders to enhance the wellbeing and housing of the nation. Our aim is to be responsive, respected, responsible and relevant in partnering the Government in its national and state policies. Source: REHDA

For more details about the interview, visit www.starproperty.my