The rapid increases in property prices in the country suggest that the number of Malaysians able to afford homes may have decreased, as the household median income rate has not doubled over the past years, says MyProperty Data Sdn Bhd.
It said its analysis revealed that houses priced at RM300,000 and below recorded in the year 2000 comprised 86.14 percent or 35,226 transactions out of a total of 40,896.
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