The real estate market in Malaysia faces the problem of 'affordability' among serious buyers.
The average house price is around RM335,000, but most people earn an average of between RM3,000 to RM3,500 per month.
The current situation makes it difficult for many buyers, especially those under the age of 35 to buy a house.
Despite several efforts to make housing more affordable, many Malaysians still struggle due to low incomes, rising living expenses, and challenges in obtaining home loans.
According to the data, more than 127,000 houses are still unsold, especially in areas such as Johor, Kuala Lumpur and Selangor.
Most of these unsold houses are priced below RM300,000, although at that price, they are still beyond the buyer's means.
Kenanga Research suggests that the government may need to step in with better policies, including increasing subsidies, offering easier loan options, or encouraging developers to build cheaper homes.
However, these steps may not solve the problem completely.
Meanwhile, demand for industrial real estate is increasing due to the growth of online businesses and the need for more warehouses.
Loan approvals have also improved, but there is a risk that inflation could cause problems for low-income buyers, making it harder for them to keep up with their payments.
