In its 2021 annual report, Bank Negara revealed that while Malaysia’s household debt-to-GDP ratio has improve to 89%, compared to a record 93% a year ago,
we still have one of the highest ratios in the region. This is further exacerbated by the fact that most Malaysian households have low saving buffers. Let’s take a closer look at the relationship between the cost of housing and household indebtedness.
Melisa Idris and Sharaad Kuttan speak to Dr Carmelo Ferlito, CEO, Center for Market Education.
