Malaysian Rents Climbed In 2Q, More Increases Expected Ahead
Malaysian Rents Climbed In 2Q, More Increases Expected Ahead
"Our earlier forecast was that rental rates would climb moderately by 0% to 3%, but the index has already increased by 3.9%, more quickly than expected. We now update our forecast and project that the index to have increased at an annual rate of 5.5% by 1Q25," Kashif said.The new second quarter of 2024 (2Q24) IQI Malaysia Home Rental Index report showed that the average rent in Malaysia in 2Q24 was up 3.9% to RM1,995 from the previous quarter and 2.9% from a year earlier.
2024年第二季度（2Q24）IQI馬來西亞住宅租金指數報告顯示，2024年第二季度馬來西亞的平均租金較上一季度上漲3.9％，較去年同期上漲2.9％。
Juwai IQI Co-Founder and Group CEO Kashif Ansari said the index analyses over 70,000 residential rental transactions between 2018 and 2Q24, providing insights into new leases signed each quarter and offers valuable information on current rental market trends for tenants and investors.
Juwai IQI聯合創始人兼集團首席執行官Kashif Ansari表示，該指數分析了2018年至2Q24之間的逾70000筆住宅租賃交易，爲每個季度簽訂的新租約提供洞察，併爲租戶和投資者提供有關當前租賃市場趨勢的寶貴信息。
"For the first time in a year, the annual growth rate of growth has accelerated rather than slowed. The index moves with the ebb and flow of rental property supply and demand, seasonal shifts, the influx of international students and investor activity.
「增長速度的年度增長率首次加速而非減緩。指數隨租賃物業供需、季節性變化、國際學生湧入和投資者活動的起伏而變動。」
"Our earlier forecast was that rental rates would climb moderately by 0% to 3%, but the index has already increased by 3.9%, more quickly than expected. We now update our forecast and project that the index to have increased at an annual rate of 5.5% by 1Q25," Kashif said.
「我們之前的預測是租金將適度上漲0%至3%，但指數已經增長了3.9%，速度比預期快。我們現在更新我們的預測，並預測該指數到1Q25年末將以年增長率5.5%增長，」 Kashif表示。
He revealed that the average rental price in Malaysia over the past two years is RM1,895 and this is slightly lower than the 1Q average price of RM1,920.
他透露，馬來西亞過去兩年的平均租金爲RM1,895，略低於1Q的平均價格RM1,920。
"In Kuala Lumpur (KL), rents are 44% higher than the average nationwide. KL's premium over average rents in Selangor is 51%. Families seeking more affordable homes or to increase their disposable income can reduce their expenses by half by choosing areas with lower rents.
「在吉隆坡（KL），租金比全國平均水平高出44%。KL的租金優勢超過雪蘭莪的平均租金51%。尋找更實惠的住房或增加可支配收入的家庭可以通過選擇租金較低的地區將花費減少一半。」
"In addition to having the highest average rent, KL also experienced the highest rental growth over the past quarter. The average rent in KL increased by 5% to RM2,863. In Selangor, average rents were mostly stable, climbing by 1%," Kashif said, adding that the rents in KL in 2Q24 were up 5.7% compared to one year ago.
「除了擁有最高平均租金外，KL還在上一季度經歷了最高的租金增長。KL的平均租金上漲了5%，至RM2,863。在雪蘭莪，平均租金大多保持穩定，上漲了1%。」 Kashif表示，補充稱KL的租金比起一年前的2Q24已上漲了5.7%。
"However, contrasting to the national trend, the rate of increase in KL's average rents has fallen for three consecutive quarters.
「然而，與全國趨勢相反，吉隆坡平均租金的增長速度連續三個季度下滑。」
"Selangor is significantly more affordable than KL. Average rents in Selangor climbed to 6.2% higher than a year earlier. The RM1,899 average rent in Selangor is 5% higher than the two-year trend," he said, adding that rents in Selangor is expected to moderate from its current pace to approximately 3% growth.
「雪蘭莪比吉隆坡要便宜得多。雪蘭莪的平均租金已上漲到比一年前高出6.2％。雪蘭莪的平均租金爲1,899林吉特，比兩年的趨勢高出5％，」他表示，補充說雪蘭莪的租金預計將從目前的增長速度緩和至大約3％增長。
Meanwhile, even though the index climbed in 2Q, many renters still enjoy what we call the "Covid Discount" in which renters continue to benefit from a situation of relative affordability, with rents well below their pre-pandemic levels.
與此同時，儘管第二季度指數上漲，許多租戶仍然享受我們所稱的「Covid折扣」，即租戶繼續從相對實惠的情況中受益，租金遠低於疫情前水平。
"However, this can vary by location and property type, and this is an indicator that rents have not fully rebounded from the pandemic's effects," Kashif said.
「然而，這可能因地點和物業類型而異，這表明租金尚未完全從疫情的影響中反彈，」 Kashif表示。
He revealed that the average Malaysian renter now pays RM499 less in rent, which is a 20% discount from before the pandemic.
他透露，現在馬來西亞租戶平均每月租金減少499林吉特，這相當於疫情前的20％折扣。
"In KL, the Covid discount is a gigantic RM1,301, or 31%. In Malaysia's most expensive state, renters enjoy a significant affordability advantage compared to before the pandemic," he noted while attributing the slower recovery to the economic challenges the country faced during the pandemic era.
「在吉隆坡，Covid折扣達到驚人的1,301林吉特，佔31％。在馬來西亞最昂貴的州份，租戶與疫情前相比享有顯着的實惠優勢，」他指出，將較慢的恢復歸因於疫情時代國家面臨的經濟挑戰。
However, he said now that Malaysia seems to be moving into a new growth cycle, it is expected to see a recovery in rental rates and further improvements in employment, disposable incomes and consumer spending.
然而，他表示，現在馬來西亞似乎正在進入一個新的增長週期，預計將看到租金率的恢復，並進一步改善就業、可支配收入和消費支出。
"Let's look at some explanations for the regional disparity in the Covid discount. KL's persistent Covid discount may be a result of the city's higher exposure to the sectors that were most affected by the pandemic. These sectors include tourism and hospitality and international business.
「讓我們探討一些導致Covid折扣區域差異的解釋。吉隆坡持續的Covid折扣可能是由於該市更多地受到疫情影響最嚴重的行業。這些行業包括旅遊和酒店業以及國際業務。」
"By contrast, Selangor's resilience reveals a quicker recovery and may indicate Selangor was less affected by pandemic-related economic disruptions.
「相比之下，雪蘭莪的彈性揭示出一個更快的復甦，可能表明雪蘭莪受到疫情相關經濟干擾的影響較小。」
"The affordability gap between KL and Selangor may have encouraged some renters to move from the capital to more affordable neighbouring areas," Kashif said, adding that the ability to work remotely has probably given further stimulus to this internal migration.
錢夏可曾表示：「吉隆坡和雪蘭莪之間的負擔能力差距可能鼓勵一些租戶從首都搬到價格更實惠的鄰近地區」，同時補充說，遠程工作的能力可能進一步刺激了這種內部遷移。
"For investors, the Covid discount may present a buying opportunity because if you are anticipating rental income to bounce higher, closer to historic levels, in the future, buying now may enable you to benefit from income growth and capital appreciation.
對於投資者來說，新冠折扣可能提供了一個購買機會，因爲如果您預計租金收入將在未來更接近歷史水平反彈，那麼現在購買可能使您從收入增長和資本增值中受益。
"The market is already showing signs of recovery and investors will focus on regions and property types that they anticipate will grow most quickly," he said.
他說：「市場已經顯示出復甦跡象，投資者將重點關注他們預計增長最快的地區和物業類型。」
譯文內容由第三人軟體翻譯。
