Inflation could push property prices up by double-digit – REHDA 

According to Real Estate and Housing Developers’ Association Malaysia (REHDA) president Datuk NK Tong, inflation and a higher cost of doing business are likely to push property prices up by double-digit this year. On average it will be a double-digit increase in property prices but in the past six months the anticipated price increase has not materialised. This is also reflected in the moderation of construction materials’ prices.