Malaysia House Price Index Bnm

House prices in malaysia have slowed.

Malaysia house price index bnm. Annual data are available from the bank negara malaysia bnm and quarterly data are available from the valuation and property services department. It is not the price the owner wants to sell. Consumer price index cpi in malaysia were unchanged at 120 10 points in september the same as in august of 2020. This is like no movement at all.

For more info www dosm gov my. Malaysian house price index mhpi highlights. For the year 2019 mhpi growth moderated to 2 2 2018. 7 0 amid a slower growth in both landed and high rise property prices.

In 1q 2017 the malaysian house price index increased by 5 3 4q 2016. In q3 2016 malaysia s national house price index rose by 5 36 y o y 3 81 inflation adjusted slightly lower than the 7 35 y o y 4 61 inflation adjusted price increase during the same period last year. Housing index in malaysia decreased to 0 40 percent in the second quarter of 2020 from 1 90 percent in the first quarter of 2020. House prices continued to grow more moderately in the first half of 2018 at 4 with preliminary data for q3 2018 suggesting a further moderation to 1 1 bank negara said.

The skim rumah pertamaku is a government initiative aimed at assisting young working adults to own their first home. This page provides malaysia house price index actual. This page provides the latest reported value for malaysia consumer price index cpi. Without a transaction nothing changes for the malaysian house price index.

Consumer price index sep 20 consumer price index cpi declined 1 4 per cent in september 2020 to 120 1 as against 121 8 in the same month of the preceding year. Property price is still increasing or decreasing looking at below would tell us that on a year to year comparison the price has increased by 0 4. Bnm has useful monetary financial and economics data. The scheme allows home buyers to obtain up to 100 financing from participating banks enabling them to own a home without having the need to pay a 10 downpayment.

In 4q 2019 the preliminary malaysian house price index mhpi moderated to 1 8 3q 2019. Consumer price index cpi in malaysia averaged 72 17 points from 1972 until 2020 reaching an all time high of 122 40 points in january of 2020 and a record low of 24 30 points in january of 1972. 3 3 by state the moderation in mhpi growth was reflected in some states in particular kl penang and sabah. Housing index in malaysia averaged 4 22 percent from 1997 until 2020 reaching an all time high of 44 50 percent in the first quarter of 2000 and a record low of 39 20 percent in the third quarter of 1998.