{"id":3790,"date":"2015-04-29T12:28:11","date_gmt":"2015-04-29T04:28:11","guid":{"rendered":"https:\/\/www.propertyempire.com.my\/blog\/?p=3790"},"modified":"2015-04-29T12:28:11","modified_gmt":"2015-04-29T04:28:11","slug":"cooling-in-malaysias-residential-property-market-is-it-likely","status":"publish","type":"post","link":"https:\/\/www.propertyempire.com.my\/blog\/cooling-in-malaysias-residential-property-market-is-it-likely\/","title":{"rendered":"Cooling in Malaysia’s residential property market? Is it likely?"},"content":{"rendered":"

Cooling in Malaysia’s residential property market? Is it likely?<\/p>\n

A report from Spy Ghana enumerates the following trends in the country’s residential real estate sector when it comes to household debt:<\/p>\n

– Residential property prices have increased by 60% since 2008 according to IMF<\/p>\n

– According to McKinsey Global Institute, the household-debt-to-income ratio reached 146% at the end of 2014 from 139% in 2007. Home loans made up the largest share of Malaysia\u2019s household debt, accounting for 45.7% of the total.<\/p>\n

– IMF notes that notes that 70% of all home loans as of March had been taken out with variable-rate mortgages, meaning repayment levels could rise in certain economic conditions.<\/p>\n

– Home loans are now falling, with more applications being rejected by the banks: loan rejections over sales rose by 7% from 2013 to 2014, according to the Real Estate and Housing Developers\u2019 Association Malaysia (Redha).<\/p>\n

Regulatory measures aimed at cooling the market will play a part in driving down demand. In 2013, Bank Negara Malaysia capped mortgage terms at a maximum of 35 years and personal loans at 10 years, while also limiting pre-approved housing loans by developers.<\/p>\n

Real estate is a cycle of ups and downs. The photo shown contains historical data. The question remains: are we approaching a downturn?<\/p>\n

\"hosueloan\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cooling in Malaysia’s residential property market? Is it likely? A report from Spy Ghana enumerates the following trends in the country’s residential real estate sector when it comes to household debt: – Residential property prices have increased by 60% since 2008 according to IMF – According to McKinsey Global Institute, the household-debt-to-income ratio reached 146% …<\/p>\n

Cooling in Malaysia’s residential property market? Is it likely?<\/span> Read More »<\/a><\/p>\n","protected":false},"author":17,"featured_media":3791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","footnotes":""},"categories":[13],"tags":[],"uagb_featured_image_src":{"full":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/04\/hosueloan.png",439,275,false],"thumbnail":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/04\/hosueloan-80x80.png",80,80,true],"medium":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/04\/hosueloan-300x188.png",300,188,true],"medium_large":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/04\/hosueloan.png",439,275,false],"large":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/04\/hosueloan.png",439,275,false],"1536x1536":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/04\/hosueloan.png",439,275,false],"2048x2048":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/04\/hosueloan.png",439,275,false]},"uagb_author_info":{"display_name":"Admin Property Empire","author_link":"https:\/\/www.propertyempire.com.my\/blog\/author\/admin-2\/"},"uagb_comment_info":0,"uagb_excerpt":"Cooling in Malaysia’s residential property market? Is it likely? A report from Spy Ghana enumerates the following trends in the country’s residential real estate sector when it comes to household debt: – Residential property prices have increased by 60% since 2008 according to IMF – According to McKinsey Global Institute, the household-debt-to-income ratio reached 146%…","_links":{"self":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts\/3790"}],"collection":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/comments?post=3790"}],"version-history":[{"count":1,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts\/3790\/revisions"}],"predecessor-version":[{"id":3792,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts\/3790\/revisions\/3792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/media\/3791"}],"wp:attachment":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/media?parent=3790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/categories?post=3790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/tags?post=3790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}