Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Total population31.53 million31.11 million30.68 million
WDI
A.1.1
Urban population (% of total)76.04% of total75.45% of total74.84% of total
WDI
A.1.4
Urban population growth (annual %)2.13%2.17%2.2%
WDI
A.1.5
A.2 Economy
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
GDP, current prices (U.S. dollars)358,579 USD (millions)318,955 USD (millions)301,255 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)1,014,018 USD (millions)945,089 USD (millions)877,249 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)11,072.39 USD 9,960.32 USD 9,523.3 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)31,311.33 USD 29,513.18 USD 27,731.63 USD
WEO
A.2.4
GDP, constant prices (Percent change)4.74%5.74%4.45%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change).17%3.51%1.74%
WEO
A.2.6
GDP, deflator (Index)106.27105.52101.66
WEO
A.2.7
Consumer price index120.66119.61115.15
WDI
A.2.8
GINI IndexNot availableNot availableNot available
WDI
A.2.9
Median national annual household income  15,123.3 USD
Department of Statistics Malaysia
A.2.10
Median urban annual household income  16,951.52 USD/year
Department of Statistics Malaysia
A.2.11
Growth in urban household income (%/year)A.2.13
NominalNot availableNot available6.4%
Department of Statistics Malaysia
A.2.13.1
Employment (% of total laborforce)A.2.14
Unemployed3.4%3.4%3.4%
Department of Statistics Malaysia
A.2.14.3
Interest Rates:A.2.15
Central bank lending/discount rate3.25%3%3%
IFS
A.2.15.1
Yield on 3 months treasury billsNot availableNot available2.76%
IFS
A.2.15.2
Yield on 10-year Government bond3.75%3.64%3.45%
IFS
A.2.15.3
Average bank deposit rate3.14%2.92%3.03%
IFS
A.2.15.4
Lending rate4.93%4.61%4.54%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Number of dwelling units:B.1.1
Total5.58 million5.43 million4.95 millionB.1.1.1
Characteristics of housing stock:B.1.3
Tenure in urban areas (%):B.1.4
Owner-occupied units  67% of total
AP Land Presentation
B.1.4.1
Estimated Number of units completed/yearB.1.5
Formal sector/registered93,547 units94,198 units78,216 unitsB.1.5.1
Number of recorded urban housing transactions/year197385194684203064B.1.6
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Median urban house price in USD:B.2.1
Existing housing73,589.7 USD 70,457.89 USD 71,836.64 USD
Residential Prices Yearly Update
B.2.1.2
Median house price to median annual HH income:B.2.2
Capital cityNot availableNot available7.39B.2.2.2
Annual average % change in median house prices:B.2.3
Yearly Rate4.44%-1.92%-5.03%
Research
B.2.3.1
M2 construction cost for median quality houseB.2.4


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Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: 2015=100
Notes: Cagamas is a liquidity facility
Notes: Cagamas is a liquidity facility
Notes: Cagamas is a liquidity facility
Notes: Cagamas is a liquidity facility
Notes: Cagamas is a liquidity facility
Notes: CAGR based on 2012 median HH income
Notes: CAGR based on 2014 median HH income
Notes: Development Finance Institutions
Notes: Development Finance Institutions
Notes: Development Finance Institutions
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs
Notes: Excludes DFIs and Malaysia Building Society
Notes: Excludes DFIs and Malaysia Building Society
Notes: Excludes DFIs and Malaysia Building Society
Notes: Finance companies
Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%
Notes: First RM100,000 of property value is taxed at 1%, subsequent RM400,000 at 2%, and amount exceeding RM500,000 taxed at 3%.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: Homebuyers who signed a mortgage between March 10, 2009 and December 31, 2010 enjoyed tax relief on interest on their housing loan for up to three years. The last claim allowed for this relief was in 2013.
Notes: In April 2018, Malaysia Building Society transferred its shariah-compliant assets to its recently-acquired Asian Finance Bank (now renamed to MBSB Berhad). Thus, MBS now retains only conventional mortgages.
Notes: June 2016
Notes: June 2017
Notes: June 2018
Notes: LPPSA and Malaysia Building Society
Notes: LPPSA and Malaysia Building Society
Notes: LPPSA and Malaysia Building Society
Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
Notes: LTV capped at 70% for 3rd and subsequent mortgage loans
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Malaysia Building Society
Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
Notes: Market share is unavailable but DFIs such as Bank Rakyat offer housing loans
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Max LTV of 70% on third house financing facility; 100% financing through My First Home Scheme only
Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
Notes: Maximum lending margin of 1.75% above the declared Base Rate (BR) for housing loans. *Note: The Base Lending Rate (BLR) was replaced by the Base Rate, effective January 2, 2015. Banks, instead of the central bank, now determine this reference rate based on a formula set by the central bank.
Notes: Merchant banks
Notes: Merchant banks
Notes: Merchant banks
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP)
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
Notes: MGP offers ‘first loss’ protection on a mortgage portfolio while the mortgage assets remain on the Originator’s books through Cagamas’ wholly owned subsidiary, Cagamas SRP Berhad (CSRP).
Notes: Mortgage tenure is capped at 35 years
Notes: Mortgage tenure is capped at 35 years
Notes: Mortgage tenure is capped at 35 years
Notes: Mortgage tenure is capped at 35 years
Notes: Mortgage tenure is capped at 35 years
Notes: Mortgage tenure is capped at 35 years
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: National figure
Notes: No debt-service-ratio limit
Notes: No debt-service-ratio limit
Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
Notes: Sales of real property are subject to real property gains tax (RPGT), which are levied at progressive rates depending on the property's ownership or holding period prior to sale.
Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
Notes: The Private Affordable Ownership Housing Scheme (MyHome) --Government subsidizes up to RM 30,000 on the price of a low-cost home to low-income borrowers. Through the Youth Housing Scheme, the Government will provide a 50% stamp duty exemption on the instrument of transfer agreements and loan agreements.
Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
Notes: Through the Youth Housing Scheme, the Government provides aid through monthly instalments of RM200 per month for a period of 2 years from the date of first disbursement to the vendor.
Notes: unclear if urban or national rate