Bank Negara: Risks contained for non-residential property sector despite challenges
Risks in the non-residential property (NRP) sector remained contained in the second half of 2024 (2H 2024) despite continued challenges
She clarified that the Ministry of Domestic Trade and Cost of Living maintains effective monitoring to prevent any arbitrary price hikes or increases in management service costs.
"So far, there has been no increase in house prices. The price of affordable housing remains below RM300,000," she said.
She was speaking to the media after the 2024 Sentuhan Kasih Sepang sacrificial ritual programme with the Malaysian Fire and Rescue Department (JBPM), in collaboration with her ministry, here on Thursday.
She also assured that prices of goods in the construction sector will not be affected as they are under control.
