Sign up | Log in



Home  >>   Daily News  >>   Malaysia News  >>   Property  >>   Malaysian Property prices to keep rising
NEWS UPDATES Asean Affairs   29 January 2013  

Malaysian Property prices to keep rising


 High property prices in Malaysia are set to “keep increasing” in certain areas with good fundamentals, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants (AVPEP) president Lim Lian Hong.

“In certain areas, property prices will keep increasing. The property market is backed by the country's economic fundamentals.

“It is better not to try to guess which one will go up and which one will come down. This is because the property market is not (volatile) like the stock market,” Lim said.

He said the prices were also determined by other fundamentals such as population growth, access to highways, and also types of design and finishes that a particular property offered to buyers.

Speaking at a briefing during the Property Market Outlook For 2013 forum organised by AVPEP, Lim said other important factors to include in evaluating a property was its surrounding area such as other upcoming developments.

He also said credit had to be given to certain developers for being able to market and sell their products so well in spite of the high prices.

“They (the developers) have been able to develop properties so well that sees values go up and this is good for everybody,” Lim added.

He said that another factor which influenced property prices was the supply-demand factor.

“If you ask me (specifically) in which areas the prices will go up or down, you will have to look at the supply and demand (equilibrium),” he quipped.

AVPEP honorary secretary Foo Gee Jen said another factor was the property's access to transportation facilities roads, rails or highways.

“In some areas today, even a Chinese school (situated nearby) may be key to an increase in land values. We are starting to see that,” Foo said.

On a related matter, Property Services and Valuation Department deputy director-general (technical) Faizal Abdul Rahman said that 2013 might see some “adjustment” in property prices.

“The increase in prices will not be as high as in previous years. Prices this year will moderate, depending on the area.

“Incoming supply in terms of numbers will be more than in previous years but the growth percentage will be less,” Faizal said.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    29 January 2013   
Subsribe Now !
• Survey shows economic volatility on top of Asean CEOs' concerns Subcribe: Asean Affairs Global Magazine
• ASEAN Tourism Forum in Vientiane Report Asean Affairs Premium
• Malaysia new auto sales on a high
• Vietnam, EU trade talks begin
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• FDI jumps by 23% into Indonesia
• Malaysian insurance sector on a high
• Malaysian Property prices to keep rising  
• Thai Tycoon plans to raise his own loans for F&N acquisition  
Asean Analysis              29 January  2013      Advertise Your Brand
• Asean Analysis- January 29, 2013  
• Asean Weekly- January 24, 2013 Sponsor Our Events

Asean Stock Watch      29  January  2013    

• Asean Stock Watch- January 29, 2013
• Asean Stock Watch- January 28, 2013

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand