Housing Affordability
Highlights
In 2014, the median house price in Malaysia was RM242,000. This is considered affordable given the median household income of RM4,585. However, the prevailing market prices in key urban employment centres were beyond the means of households, with varying degrees of severity across locations.
Among the key states, houses in KL, P.Pinang and Sabah were unaffordable based on the income levels of households.
The situation was more acute in key city centres*. House prices were the most unaffordable in Georgetown, which had the highest median house prices (RM600,000) and the lowest median income levels (RM4,792).

 

 

*The city centres in each state refer to the major urban centres of employment in the state. It is based on the delineation of (i) District: Petaling (Shah Alam, Subang Jaya and Petaling Jaya) in Selangor and Johor Bahru in Johor; (ii) Mukim: Kuala Lumpur Town Centre in KL and Georgetown in Penang. Information for city centres in Sabah and Sarawak is not available.