Population Growth Rate in Klang Valley Malaysia Year 2010 and 2020

Total Population Year 2010 = 6.6 million
Total Population Year 2020 = 7.8 million
Average Growth Rate = 1.7% per annum

Klang Valley Population Forecast:
2010 = 6,600,000
2011 = 6,712,200
2012 = 6,826,307
2013 = 6,942,355
2014 = 7,060,375
2015 = 7,180,401
2016 = 7,302,468
2017 = 7,426,610
2018 = 7,552,862
2019 = 7,681,261
2020 = 7,811,842

Population increase from 2010 to 2011 = 6,712,200 – 6,600,000 = 112,200

Assumption 1: Average 2-people Per House
Total of Property Needed in Klang Valley
= 112,200 / 2
= 56,100 units

Assumption 2: Average 3-people Per House
Total of Property Needed in Klang Valley
= 112,200 / 3
= 37,400 units

Assumption 3: Average 4-people Per House
Total of Property Needed in Klang Valley
= 112,200 / 4
= 28,050 units

Is real estate market in Klang Valley, Malaysia oversupplied? Judge yourself.

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