unsold residential properties already at its highest in 10 years.
unsold residential properties already at its highest in 10 years.
The growing supply demand imbalances in the local property market, especially within the residential and commercial property segments, could pose severe risks to the wider economy. Bank Negara in its quarterly bulletin says supply demand imbalances in the property market have increased since 2015 - with unsold residential properties already at its highest in 10 years. “In 1Q of 2017, total unsold residential properties stood at 130,690 units, the highest in a decade. This is close to double the historical average of 72,239 units per year between 2004 and 2016.” (Bernam la)#aliasia.finance
. This is close to double the historical average of 72,239 units per year between 2004 and 2016
The growing supply demand imbalances in the local property market, especially within the residential and commercial property segments, could pose severe risks to the wider economy. Bank Negara in its quarterly bulletin says supply demand imbalances in the property market have increased since 2015 - with unsold residential properties already at its highest in 10 years. “In 1Q of 2017, total unsold residential properties stood at 130,690 units, the highest in a decade. This is close to double the historical average of 72,239 units per year between 2004 and 2016.” (Bernam la)#aliasia.finance
. This is close to double the historical average of 72,239 units per year between 2004 and 2016
House Price Changes, 10 Years (%) - Malaysia Compared to Continent
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