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

DAP should ‘break up’ with its partners and leave the Madani govt, says Dr Wee
Penang announces 50% quit rent rebate for 2026
Yayasan PETRONAS brings early festive cheer to 1,300 families in Sabah
Elderly Labuan man finds huge python in hair salon toilet
Halal certified Russian turkey enters Malaysian market
Three hurt after bus hits parked lorry in JB
Check-in and boarding at airports back to normal, says MAHB
Police bust syabu lab in penang durian farm, seize 1.2 tonnes of drugs
High Court grants govt more time to block PetroSaudi from RM1.61bil linked to 1MDB
NGO calls for speedy probe of viral animal neglect case

Others Also Read