Research Associate
Muhammad Nazhan Kamaruzuki
Nazhan is a Research Associate at the Khazanah Research Institute. He holds a Master of Regional Planning (M.R.P.) from Cornell University and a Bachelor of Science (Islamic Finance) from International Islamic University Malaysia.


About
Nazhan is a Research Associate at the Khazanah Research Institute. He holds a Master of Regional Planning (M.R.P.) from Cornell University and a Bachelor of Science (Islamic Finance) from International Islamic University Malaysia.
Education Background
Master of Regional Planning (M.R.P.) from Cornell University; Bachelor of Science (Islamic Finance) from International Islamic University Malaysia
Expertise
Connect
KRI shares insightful commentaries on current topics to encourage discussion, but these do not represent KRI's official views.

Short Clips
Dec 16, 2025
KRI Opentable Podcast Ep.2: “Beyond Banks: Rethinking Housing as a Human Right”
Dr Suraya Ismail
Muhammad Nazhan Kamaruzuki
Dr Nur Fareza Mustapha
Theebalakshmi Kunasekaran
Gregory Ho Wai Son

Comparing Buying Fridges And Homes In Malaysia
Buying a new fridge for your new home is far less stressful than buying the home itself. While both may represent significant purchases in a person’s life, the psychological and systemic differences between the two are stark. In Malaysia, this comparison goes beyond simple economics—it reveal something deeper about how our housing and consumer systems function.

Panel Discussion
Oct 5, 2025 9:00 AM
Comparing Buying Fridges And Homes In Malaysia
Buying a new fridge for your new home is far less stressful than buying the home itself. While both may represent significant purchases in a person’s life, the psychological and systemic differences between the two are stark. In Malaysia, this comparison goes beyond simple economics—it reveal something deeper about how our housing and consumer systems function.
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Book
Policy Briefs
Views
Data Sets
Data Visualisations
Reports
Discussion Papers
Working Papers
Digital Transformation
Demography
Digital Divide
Digital & Gig Economy
AI, Automation & Work
SME Tech Adoption
Digital Infrastructure & Access
Aquaculture
Agro-industrial Crops Management
Water, Waste & Resource
Energy Transition & Just Transition
Climate Change & Resilience
Food Systems & Smallholders
Housing Affordability & Rental Market
Infrastructure Access
Public Transport & Connectivity
Urban Planning & Governance
Housing Affordability
Financialisation & Indebtedness
Poverty & Social Mobility
Education
Health, Nutrition & Public Health
Ageing, Fertility & Demographics
Income, & Consumption
Society
Gender Inclusion
Social Protection
Care & Domestic Work
Wages & Gig Work
Labour Trends & Youth Employment
Taxation
Public Finance & Fiscal Reform
Regional Development
Productivity & Industrial Development
International Trade
Economic Growth & Structure
Stephanie Hsu
Tan Hui Hui
Kelvin Ling Shyan Seng
Khairin Ilaina Mohamed Amin
Fiha Febiala
Govind Nirav Rao
C. Hari S. Shankar
Afifah Binti Ahmad
Elisabeth Chan Wen Yi
Nurrdinan Serena Amer Sharaffudin
Nurhanina Zaharin
Dr. Amirah 'Aisha Badrul Hisham
Nur Hannani Binti Abd Ghafar
Tehleel Nazir
Yee Suet Ee
Balqis Athirah Binti Azhar
Shukri Mohamed Khairi
Muhammad Syamin Bin Azman
Nurul Farhana Binti Abdul Shukor
Aidil Farhan Bin Jasrie Arman Sany
Amirah Syazwani Binti Ahmad Junaidi
Dinie Joshry Shaqeel
Ts Dr Amirah Aisha Badrul Hisham
Professor Joseph Eugene Stiglitz
K. Kuhaneetha Bai
Nadia Malyanah Azman
Siti Maisarah Zainurin
Ndongo Samba Sylla
Malini Elango
Aqeel Khaldun
Belinda Lew
Muhammad Khairulamri
Nicholas Khaw
Nur Zulaikha Atiqah Mohd Zahril
Dr Diana Abdul Wahab
Dr Umawathy Techanamurthy
Bryan Yeoh Quan Jin
Wan Manan Wan Muda
Alyssa Chua Lee-Yen
Goh Ming Jun
Mohan Mahadeva
Yap Chun Hao
Syafa Mustaffa
Ammar Hanania Hazli Izma
Dr Yunus Yasin
Dato’ Amirul Feisal Wan Zahir
Professor Emeritus Dr. Tham Siew Yean
Datuk Hisham Hamdan
Khazanah Research Institute
Tan Sri Nor Mohamed Yakcop
Tan Mei Yi
Emir Izat Abdul Rashid
Lim Han Hsuen
Ida Madieha Abdul Ghani Azmi
Musaddiq Adam Muhtar
Nur Adilah Hamid
Chakrin Utit
Bach Nguyen Luong
Zainab Ali Ahmad
Kusairi Mohd Noh
Rokiah Alavi
Ibrahim Kabiru Maji
Illisriyani Ismail
Intan Nadia Jalil
Abdulla Ibragimov
Siti Nooraznie Abdul Rahim
Fatimah Mohamed Arshad
Dr Mohd Yusof Saari
Pierre Sauvé
Tan Theng Theng
Charissa Lee Yi Zhen
Yap Gin Bee
Tan Kar Man
Junaidi Mansor
Alia Muhammad Radzi
Yeu-Mynn Yeung
Prof. Wan Abdul Manan Wan Muda
Tan Zhai Gen
Umi Maisarah Kamis
Shukri Mohamed Khairi
Wong Ee Kin
Dr. Wan Khatina Wan Nawawi
Maia Hollins-Kirk
Grace Loh Wan Chi
Keelea Shaye Linsuau Soh
Hui San Chiam
Goh Hao Yi
Daniel Filippi
Azlin Natasha Mohd Ghazali
Balqis Athirah Azhar
Dr. Sarena Che Omar
Aqeel Khaldun (University of St Andrews)
Aidil Iman Aidid
Nurul Farhana Abdul Shukor
Nur Thuraya Sazali
Yugendran Rajaendran
Putera Daniel Hakeem
Siti Aiysyah Tumin
Laventhen Sivashanmugam
Nithiyananthan Muthusamy
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Results


Views
Nov 19, 2024
Arteri Kota: Kepentingan dan Cabaran Sistem Pengangkutan Awam Lembah Klang
AI, Automation & Work
Muhammad Nazhan Kamaruzuki
Nov 19, 2024
Nov 19, 2024
Views


Reports
Sep 26, 2024
The State of Households 2024: Households and the Pandemic 2019-2022
Income, & Consumption
Yin Shao Loong
Sep 26, 2024
Sep 26, 2024
Reports

Views
Jan 3, 2024
Perbandaran Malaysia: Produktiviti Urbanisasi dan Realiti Denyut Nadi
Society
Muhammad Nazhan Kamaruzuki
Jan 3, 2024
Jan 3, 2024
Views


Reports
Mar 15, 2023
Kesejahteraan Kediaman Golongan Miskin Bandar: Kajian Program Perumahan Rakyat (PPR)
Housing Affordability & Rental Market
Dr Suraya Ismail
Mar 15, 2023
Mar 15, 2023
Reports


Reports
Mar 15, 2023
Decent Shelter For The Urban Poor: A Study of Program Perumahan Rakyat (PPR)
Infrastructure Access
Society
Housing Affordability & Rental Market
Ageing, Fertility & Demographics
Dr Suraya Ismail
Mar 15, 2023
Mar 15, 2023
Reports
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Reports
Jun 21, 2021
#NetworkedNation: Navigating Challenges, Realising Opportunities of Digital Transformation
AI, Automation & Work
Dr Rachel Gong
Jun 21, 2021
Jun 21, 2021
Reports


Discussion Papers
Feb 12, 2021
Kualiti Jalur Lebar Mudah Alih dan Teras Pembangunannya
Health, Nutrition & Public Health
Muhammad Nazhan Kamaruzuki
Feb 12, 2021
Feb 12, 2021
Discussion Papers


Views
Mar 27, 2020
Mutu Jalur Lebar Dalam Menghadapi Kejutan Covid-19
AI, Automation & Work
Muhammad Nazhan Kamaruzuki
Mar 27, 2020
Mar 27, 2020
Views


Views
Aug 30, 2019
Agenda Perumahan Strategik Demi Malaysia Bersih
AI, Automation & Work
Muhammad Nazhan Kamaruzuki
Aug 30, 2019
Aug 30, 2019
Views

Quote Of The Day
An individual with a monthly salary of RM3,6875 is able to afford a unit in 45 out of the 420 housing projects from both apartment/condominium and serviced apartment types available for rent in Kuala Lumpur. Within the affordability range, rental prices span from RM700 to RM1,100, representing approximately 19% to 30% of the individual’s gross monthly income.

Views
December 12, 2025
A Quick Look at the KL Residential Rental Affordability Market
Many would have thought renting is a cheaper option than owning a house, especially in a big city like Kuala Lumpur. Drawing on the salary/wage data, this article argues that the cost of renting an apartment/condominium and a serviced apartment, which are likely the most available units for rent, is generally not affordable. An average-salaried individual in Kuala Lumpur is likely to face significant challenges in securing an affordable rental housing unit in the city.
Quote Of The Day


Muhammad Nazhan Kamaruzuki
Research Associate
featured report

Kualiti Jalur Lebar Mudah Alih dan Teras Pembangunannya
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