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Investment Can Millennials Still Afford a House in Malaysia?, rising property & stagnant salaries
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gks
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Feb 18 2025, 04:06 PM
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Malaysia is one of the most affordable and easiest countries where almost everyone is supported (from local councils, state and federal governments, banks, developers etc) to buy a property, especially first home.
But whether most of the properties will provide a good living quality and long term to build equity is another story together.
This post has been edited by gks: Feb 18 2025, 04:07 PM
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gks
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Feb 18 2025, 07:28 PM
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QUOTE(Cavatzu @ Feb 18 2025, 04:53 PM) The affordability has come at a cost which is the ability to grow wealth at an exponential rate like in other countries where the supply is choked. Malaysia government is using official data for statistics. It was claimed by a minister few years ago our grey economy is like 30% of GDP aka money that not audited/taxed by government. In my view, yes certain group are not able to buy property (which is common in many countries) but look strictly at factor of ease of property ownership, Malaysia is one of the easiest.
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