Subdued house price rises in Malaysia
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House prices in Malaysia have slowed. In Q3 2016, Malaysia's national house price index rose by 5.36% y-o-y (3.81% inflation-adjusted), slightly lower than the 7.35% y-o-y (4.61% inflation-adjusted) price increase during the same period last year. This was the lowest increase since Q3 2009, based on figures from the Valuation and Property Services Department (JPPH).
The national average house price was MYR 334,736 (US$ 75,390.82) in Q3 2016.
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