Timely release of M'sian house price index puts the country in a favourable light

BANK Negara’s release of the Malaysian house price index (MHPI) is timely, just two weeks after the International Monetary Fund (IMF) launched comparative data on house prices.

The release of information puts the country in a favourable light against the IMF’s complaint that countries like Australia have yet to introduce measures to control risky bank lending.