Recently, Asia Real Estate Technology Group has moved outIQI co-founder and CEO Kashif Ansari has released a remarkable report revealing the significant growth of the Malaysian real estate market over the past decade. According to statistics, over the past decade, the average housing prices in Malaysia have skyrocketed by 42%, resulting in an average increase of 136716 in wealth per homeownerRinggit.

Kashif·Ansari pointed out in the report that this significant growth trend not only reflects the steady growth of the Malaysian economy, but also highlights the investment value of the real estate market as an important asset class. He specifically mentioned that the median housing price has increased from 334277 in 2014RinggitGrowth to467143 in 2023RinggitThis marks a significant increase in Malaysian household wealth due to the appreciation of housing prices.

Further analysis shows that the increase in housing prices varies among different states. Among them, the housing prices in Selangor have seen the most significant increase, with an average appreciation169 thousand and 91RinggitFollowing closely behind are Sarawak and Johor, which have appreciated in value respectively152 thousand and 16Ringgitand147 thousand and 363Ringgit. The housing prices in Kuala Lumpur and Negeri Sembilan have also exceeded120 thousandRinggitValue added. It is worth noting that although the starting housing prices in Kelantan state are relatively low, the percentage increase in housing prices over the past decade has been as high as70%, with a cumulative appreciation of 105537RinggitBecoming one of the states with the highest percentage increase.

In addition, the report also points out that homeowners who purchased homes with loans have had significantly higher investment returns over the past decade, reaching astonishing levels66%. This means that although borrowers did not invest the full value of the house when purchasing it, they can still enjoy the rich returns brought by the overall rise in housing prices. Especially in states such as Kelantan, Malacca, Perlis, and Kedah, the investment return rate for loan buyers is over 110%, proving that owning property in Malaysia is an extremely profitable investment choice.

Kashif·Ansari emphasized that these data reflect the strong momentum and enormous potential of the Malaysian real estate market. He pointed out that for those who can sustainably afford their own homes, buying a house may be one of the simplest and safest ways to achieve financial security. With the sustained development of Malaysia's economy and population growth, the real estate market is expected to maintain a good growth trend, bringing more opportunities and returns to investors.