Property to improve but affordability still a concern

AmInvestment Bank Research said there was decelerated growth in the Malaysian House Price Index following the earlier property boom from 2008 to 2013.

PETALING JAYA: Housing affordability remains a key concern among Malaysians, driven by a disparity between supply and demand particularly in residential properties priced below RM500,000 alongside sluggish income growth, says AmInvestment Bank Research.

This was despite anticipation that the local property sector will likely improve next year underpinned by various factors, it added.