Malaysian houses more expensive than some developed countries

Hong says the investors clubs are also no longer recruitings as aggressively as before.

OF late, there have been renewed concerns about house prices and affordability. The perennial question is: Will house prices ever come down? The concerns about affordability is underscored in the recently released report, The State of Households, by the Khazanah Research Institute.

The institute reported that houses on average cost 5.5 times annual median income, when it should be just three times annual median income.