Gradual price rise deemed more realistic and sustainable


NATIONAL Property Information Centre director Aina Edayu Ahmad tells participants at the Housing and Valuation Conference 2019 that it is more realistic and sustainable to have prices gradually rise at less than 5% instead of the double-digit growth seen at the peak of the property market in 2012/2013.

Aina says that on a very broad basis, a double-storey terraced house in Kuala Lumpur is 2.6 times the price of a Johor unit, and twice the price of one in Sabah. (see chart)

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