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There are a number of things that can affect Malaysian home prices. The real estate market can be affected by the following:

1. Location:
In choosing a property’s price, its location is very important. Properties in desirable areas, like city centers, established neighborhoods, or places with good access to services and amenities, tend to be more expensive than properties in less desirable or faraway areas.

2. Supply and Demand:
The mix between supply and demand is a very important factor in land prices. When people want to buy a house but there aren’t many available, prices tend to go up. When there are too many homes for sale and not enough people want to buy them, prices may go down.

3. Conditions of the Economy:
The state of the economy as a whole, such as GDP growth, unemployment rates, and income levels, can have an effect on property prices. Property prices tend to go up when the economy is stable and making progress.

4. Interest Rates:
The central bank sets interest rates, which can affect how much a debt costs. When interest rates go down, it becomes easier for people to borrow money, which can increase demand and cause housing prices to rise. Higher interest rates, on the other hand, may slow down demand, which could cause housing prices to drop.

5. Government Policies:
Rules and policies made by the government, like tax breaks, rebates, and limits on loans, can have a direct effect on property prices. If the government changes its policies, it can affect how much homes cost and how many people want to buy them.

6. Infrastructure and Development:
Good infrastructure, like transportation networks, schools, hospitals, and shopping malls, can make a place more desirable and raise its value.

7. Market Sentiment:
How sellers and investors feel and what they expect can affect property prices. Changes in property prices can be caused by things like investor sentiment, consumer trust, and market speculation.