Property360Digest E-MAGAZINE Property360Digest Issue 9 | Page 9

This table shows how the number of transactions for properties priced below RM 300,000 declined from 66.18 % in Q1-2020 to 61.31 % in Q1-2021 ( from 62.5 % to 56.93 % for residential units only ). On the contrary , the volume of transactions priced above RM 300,000 increased and the increase is higher for residential properties . Is this an inversion in trend that makes the rhetoric about lack of affordable houses meaningless ? Yes and no . For quite some time there has been a growing number of unsold properties in the socalled affordable segment , while not enough attention in the analysis is reserved to transactions in the secondary market . On the other hand , however , stay-at-home orders have hit harder the poor , which are experiencing rising unemployment , underemployment and further poverty . Indeed , the policy response to the pandemic has been a punch in the stomach for the B40 and a slap on the face of equality . 08 Price Range Peri od Residential Residential Total Total Number Value ( RM million ) Num ber % Val ue % Number Value ( RM million ) Num ber % Val ue % 0 - 300,0 00 Q1 202 0 29,399 RM 4,427.12 62.5 0 % 28 . 39 % 48,222 RM 6,077.78 66.1 8 % 21 . 26 % Q4 202 0 36,684 RM 5,800.06 60.9 4 % 27 . 77 % 58,533 RM 7,787.17 64.1 4 % 20 . 30 % Q1 202 1 29,760 RM 4,858.51 56.9 3 % 24 . 71 % 49,476 RM 6,731.81 61.3 1 % 18 . 64 % 300,0 01 - 500,0 00 Q1 202 0 10,070 RM 3,957.41 21.4 1 % 25 . 38 % 12,480 RM 4,924.28 17.1 3 % 17 . 23 % Q4 202 0 13,413 RM 5,269.45 22.2 8 % 25 . 23 % 16,720 RM 6,590.64 18.3 2 % 17 . 18 % Q1 202 1 12,715 RM 5,023.21 24.3 2 % 25 . 55 % 15,817 RM 6,256.23 19.6 0 % 17 . 32 % 500,0 01 - 1,000 , 000 Q1 202 0 6,003 RM 4,044.98 12.7 6 % 25 . 94 % 8,472 RM 5,812.07 11.6 3 % 20 . 34 % Q4 202 0 7,661 RM 5,186.40 12.7 3 % 24 . 83 % 10,938 RM 7,523.01 11.9 9 % 19 . 61 % Q1 202 1 7,370 RM 5,002.30 14.1 0 % 25 . 44 % 10,517 RM 7,270.37 13.0 3 % 20 . 13 % Abov e 1,000 , 000 Q1 202 0 1,564 RM 3,166.07 3.33 % 20 . 30 % 3,693 RM 11,767.2 1 5.07 % 41 . 17 % Q4 202 0 2,442 RM 4,631.53 4.06 % 22 . 17 % 5,069 RM 16,461.0 6 5.55 % 42 . 91 % Q1 202 1 2,428 RM 4,778.56 4.64 % 24 . 30 % 4,884 RM 15,860.2 5 6.05 % 43 . 91 % Total Q1 202 0 47,036 RM 15,595.5 9 100 . 00 % 100 . 00 % 72,867 RM 28,581.3 4 100 . 00 % 100 . 00 % Q4 202 0 60,200 RM 20,887.4 3 100 . 00 % 100 . 00 % 91,260 RM 38,361.8 8 100 . 00 % 100 . 00 % Q1 202 1 52,273 RM 19,662.5 7 100 . 00 % 100 . 00 % 80,694 RM 36,118.6 6 100 . 00 % 100 . 00 % Property360Digest e-magazine Issue # 9 - 2021