Housing Development Dormant Companies in Malaysia

Housing development in Malaysia is an important issue as the country continues to urbanize and grow. However, there are a number of factors that have contributed to a slowdown in housing development in recent years. One of the main reasons for this is the number of dormant companies in Malaysia.

Dormant companies are defined as those that have not been active for a period of two years or more. As of 2016, there were over 22,000 dormant companies in Malaysia. This is a significant increase from the 14,000 that were recorded in 2014.

The increase in dormant companies is due to a number of factors. Firstly, the global economic slowdown has led to a decrease in demand for Malaysian exports. This has had a knock-on effect on the country's economy, resulting in less investment and fewer new projects.

Secondly, the Malaysian government has introduced a number of policies that have made it more difficult for developers to obtain financing. This has made it more difficult to get housing projects off the ground.

Finally, there is a growing perception that the Malaysian property market is overpriced. This has led to a decrease in demand from both local and foreign buyers.

The combination of these factors has resulted in a slowdown in housing development in