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M'sian home prices propped up by GST, weak ringgit and hefty compliance costs

While prices have moderated amid falling demand, a home remains out of reach for many Malaysians

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In the first half of the year, the residential segment saw a 2.6 per cent fall in transaction volume.

Kuala Lumpur

AMID Malaysia's soft economy, property prices have moderated on reduced demand but a home remains out of reach for many people because a new consumption tax, the devalued ringgit and hefty compliance costs continue to keep prices high, developers say.

Even the collapse...

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