NAPIC Property Market Report 2014

NAPIC Property Market Report 2014

The Malaysian economic growth was at 6.0% in 2014, higher than 4.7% registered in 2013. The positive growth in the economy supported the slight increase in the property sector. As for the Overnight Policy Rate (OPR), which was maintained at 3.25% since its raise in July 2014, remained accommodative of economic activity. The Base Lending Rate (BLR) of commercial banks remained at 6.79% whilst the weighted Average Lending Rate (ALR) stable at 5.51%.

In 2014, the property sector grew at a marginal of 0.8% in market volume and 7.0% in market value. The marginal growth was a turnaround for the property market after registering contractions in 2013. The cooling measures which resulted in the moderation of market activity in last two years have seen market corrections, which ensued the slight pick-up in market activity in 2014. Measures such as the imposition of higher Real Property Gains Tax to curb speculative activities and spiralling property prices have also shown positive signs, evident from the moderating increase in the Malaysian House Price Index over the last three years.

Click here to download the property market report for Wilayah Persekutuan Kuala Lumpur. 
Click here to download the property market report for Wilayah Persekutuan Putrajaya. 
Click here to download the property market report for Wilayah Persekutuan Labuan. 
Click here to download the property market report for Selangor. 
Click here to download the property market report for Johor. 
Click here to download the property market report for Pulau Pinang. 
Click here to download the property market report for Perak. 
Click here to download the property market report for Negeri Sembilan. 
Click here to download the property market report for Melaka. 
Click here to download the property market report for Kedah. 
Click here to download the property market report for Pahang. 
Click here to download the property market report for Terengganu. 
Click here to download the property market report for Kelantan. 
Click here to download the property market report for Perlis. 
Click here to download the property market report for Sabah. 
Click here to download the property market report for Sarawak. 

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