Melaka give low home prices

Melaka is listed as the only state that has index ratio of median house price to median annual income of the population with a score of 3.0, which is in the category of 'affordable housing' compared with other states across the country. 

Based on the index released by Khazanah Research Institute (KRI) in August, the median price of homes in Melaka is RM180,000 per unit, while the median household income is RM5,029 population RM60,348 a month or a year. The Affordability index has a home in Malacca state also significantly lower than the national index by 4.4 points or fall in the category of seriously unaffordable. The study divides all the states into four groups in Malaysia, namely affordability with a score of 3.0 and below, there is an affordable medium (3.1 to 4.0), it is not affordable (4.1 to 5.0) and very not affordable (5.0 and above) , the Chief Minister, Datuk Seri Idris Haron said he was confident that the state government is trying to provide and meet the demand for affordable housing (RMM) growing in the country. RMM preparation achievement by the federal government in Melaka until now was 24.409 units comprising 1,880 housing units completed; 2,837 housing units were under construction and 19,692 units in the approval stage of development.