Less speculation leads to drop in house prices


Good move: Chua (second from left) talking to participants after the launch of the convention in Kuala Lumpur.

KUALA LUMPUR: House prices have dropped after measures were put in place to check rising property prices due to speculation, says Datuk Chua Tee Yong.

The Deputy Finance Minister said data from the National Property Information Centre (NAPIC) showed that there was a drop in house prices with the market slowing down from 12.2% in the third quarter of 2013 to 4.6% in the same period last year.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Government , speculators , curb , property , market

Next In Nation

Take action against your assemblymen too, PAS told Bersatu over Perlis SDs
Police officers return home after completing 18-month UN mission in Sudan
10-year-old boy killed in motorcycle-lorry crash
Don't embarrass Malaysia: Nga slams public littering in city centre
Petronas Dagangan confirms operational issue at Samarahan Expressway station
Govt committed to advancing Sarawak’s wellbeing through inclusive development, says PM
Embattled Perlis MB Mohd Shukri steps down from post
Three PAS assemblymen ordered to return state assets
Police nab man, contraband ciggies worth RM320,000 seized
Cops begin probe into alleged falsified heritage player documents

Others Also Read