KUALA LUMPUR: Most Malaysians cannot afford to buy newly launched houses, as the average price of new properties is nearly 48% higher than the maximum affordable house price in Malaysia.
In addition, about 73% of unsold properties in the country are also not affordably-priced, according to Bank Negara director of financial surveillance Qaiser Iskandar Anwarudin.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
