Malaysians lacking ability to buy houses, says report | The Malaysian Insight

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Malaysians lacking ability to buy houses, says report

A research firm has found that housing prices are not in tandem with the median annual salary of Malaysians. – The Malaysian Insight file pic, April 25, 2019

HOUSING affordability in every state has deteriorated in a span of over a decade, partly due to developers not addressing the needs of purchasers, said a report released by Khazanah Research Institute today. The report, Rethinking Housing: Between State, Market and Society, found there is a mismatch between annual median salary and median house price.

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