Property Market Report 1st half 2019
There are report of Property Market in the 1st half year 2019. Statistic show volume and value of transactions are increasing when compared with year 2018. However, value of transactions in commercial and industrial sector are dropping.
Base on International calculation formula, Housing Vacancy Rate on between
5% – 10% Normal range, balance and healthy for economy growing.
10% – 20% Dangerous range
20%- 30% High Risk range
In statistic from government, housing vacancy rate of serviced apartment in Johor Bahru was reached 70%, investor should take note on these.However, for purchaser who wish to purchase house for own stay still suggested and its could help to digest the bubbles.
All Malaysian are suggest to recommend idea of supportive of housing market on website #belanjawan2020 for preparation Belanjawan 2020.
sources: jpph.gov.my
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