From 2009 to 2023, property prices have more than doubled. According to numbers from The Edge, an average apartment now costs about RM582,000.

With fresh grads earning RM3,000 per month, it will take them 8 years to save up for a downpayment for a house.

And that’s before other costs.

This is why the younger generation can no longer afford a home.

Resources:

i) Average apartment prices are now RM582,887: https://theedgemalaysia.com/node/709887

ii) Golden rules before buying a property: https://www.propertyguru.com.my/property-gui ...