Graph and download economic data for Residential Property Prices for Malaysia (QMYN368BIS) from Q1 1989 to Q4 2024 about Malaysia, residential, housing, and price.

In 2023, the average price of houses in Malaysia was at approximately 467,000 Malaysian ringgit, an increase of nearly 15,000 Malaysian ringgit compared to the previous year. This showed a steady upward trend of the housing price since 2018. Increase in residential transaction value The residential real estate market in Malaysia suffered the impact of the COVID-19 pandemic and saw a significant drop in residential transaction value in 2020. Nevertheless, with demands for housing rising among Malaysians, the market quickly recovered in 2020, and the transaction value reached more than 100 billion Malaysian ringgit in 2023. The need for more affordable housing Despite the growth in the residential real estate industry, the continuous increase in housing prices has become a challenge for many Malaysians to afford a home. Around 69 percent of Malaysians surveyed in 2024 said that they did not have enough savings to purchase a property. To address this issue, the current government introduced affordable housing schemes for the lower- and middle-income groups in June 2023.

The house price index in Malaysia reached 216.5 in 2023, an increase of more than twofold compared to the base index of 100 in 2010. The price index, which measures the average change in prices over a period of time, indicated that the value of housing in the country continued to increase every year since 2014. Recovery in the housing market Malaysia’s real estate industry was significantly hit by the COVID-19 pandemic but showed signs of recovery in 2022 when the restrictions were finally lifted. Subsequently, the housing market also signaled a positive recovery, with the transaction value of the residential sector growing by approximately 22 percent in the same year. Going into 2024, despite uncertainties in the global economy, the housing market in Malaysia is likely to experience more growth. Demand for more affordable housing Although the real estate market is recovering and the inflation rate in the country has slowed down, the average price of houses reached nearly 450,000 Malaysian ringgit in 2022, an increase of around 12,000 Malaysian ringgit compared to the previous year. According to a survey conducted in the capital city, Kuala Lumpur, the majority of potential home buyers had a housing budget of less than 250,000 Malaysian ringgit. As of 2024, the Malaysian government already has several low-cost housing schemes catered for the B40 lower-income and M40 middle-income groups. Nevertheless, with the rising residential prices and current cost of living, there will be more demand for affordable housing options among home buyers.

House Price Index YoY in Malaysia decreased to 1.40 percent in the fourth quarter of 2024 from 4.30 percent in the third quarter of 2024. This dataset includes a chart with historical data for Malaysia House Price Index YoY.

House Price Index: Annual: High Rise Unit: Johor data was reported at 157.700 1990=100 in 2001. This records a decrease from the previous number of 163.100 1990=100 for 2000. House Price Index: Annual: High Rise Unit: Johor data is updated yearly, averaging 149.850 1990=100 from Dec 1988 (Median) to 2001, with 14 observations. The data reached an all-time high of 196.000 1990=100 in 1997 and a record low of 93.900 1990=100 in 1988. House Price Index: Annual: High Rise Unit: Johor data remains active status in CEIC and is reported by Valuation and Property Services Department, Ministry of Finance. The data is categorized under Global Database’s Malaysia – Table MY.EB003: House Price Index: 1990=100.

House price index in Malaysia, December, 2024 The most recent value is 222.13 index points as of Q4 2024, a decline compared to the previous value of 226.69 index points. Historically, the average for Malaysia from Q1 1990 to Q4 2024 is 113.8 index points. The minimum of 33.98 index points was recorded in Q1 1990, while the maximum of 226.69 index points was reached in Q3 2024. | TheGlobalEconomy.com

House Price Index: Annual: Terraced House: Pahang data was reported at 150.600 1990=100 in 2001. This records an increase from the previous number of 140.000 1990=100 for 2000. House Price Index: Annual: Terraced House: Pahang data is updated yearly, averaging 113.950 1990=100 from Dec 1988 (Median) to 2001, with 14 observations. The data reached an all-time high of 150.600 1990=100 in 2001 and a record low of 94.000 1990=100 in 1988. House Price Index: Annual: Terraced House: Pahang data remains active status in CEIC and is reported by Valuation and Property Services Department, Ministry of Finance. The data is categorized under Global Database’s Malaysia – Table MY.EB003: House Price Index: 1990=100.

House Price Index: Annual: Klang Valley data was reported at 175.900 1990=100 in 2001. This records a decrease from the previous number of 176.500 1990=100 for 2000. House Price Index: Annual: Klang Valley data is updated yearly, averaging 146.850 1990=100 from Dec 1988 (Median) to 2001, with 14 observations. The data reached an all-time high of 191.400 1990=100 in 1997 and a record low of 92.000 1990=100 in 1988. House Price Index: Annual: Klang Valley data remains active status in CEIC and is reported by Valuation and Property Services Department, Ministry of Finance. The data is categorized under Global Database’s Malaysia – Table MY.EB003: House Price Index: 1990=100.

In 2023, the price index of high-rise houses in Malaysia was 215.1, an increase from 206.1 in the year before. The price index shows the changes in prices during the observed period, as compared to the base value of 100 in 2010.

The Real Estate Industry in Malaysia is Segmented by Type (Residential Real Estate (Villas, Apartments, and Other Types) and Commercial Real Estate (Offices, Retail, Hospitality, Industrial, and Other Types). The Report Offers Market Size and Forecast for the Malaysian Real Estate Market in Value (USD) for the Above Segments.

Real residential property prices Y-on-Y, percent change in Malaysia, December, 2024 The most recent value is -0.4 percent as of Q4 2024, a decline compared to the previous value of 2.37 percent. Historically, the average for Malaysia from Q1 1990 to Q4 2024 is 3.11 percent. The minimum of -16.42 percent was recorded in Q3 1998, while the maximum of 25.22 percent was reached in Q3 1991. | TheGlobalEconomy.com

This dataset shows the Number Of Low Cost Housing Units Completed By State, Malaysia, 2005 - 2021. Source : Residential Property Stock Report, NAPIC, Valuation and Property Services, Ministry of Finance Malaysia No. of Views : 52

The Malaysian residential property market, valued at $22.41 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.90% from 2025 to 2033. This growth is fueled by several key drivers. A burgeoning population, particularly within urban centers like Kuala Lumpur, Johor Bahru, Seberang Perai, and George Town, is creating strong demand for housing across various segments. Increased urbanization and economic development contribute significantly to this demand, with a rising middle class seeking improved living standards and investment opportunities in real estate. Government initiatives promoting affordable housing and infrastructure development further stimulate market activity. The market is segmented by property type (apartments & condominiums, landed houses & villas) and key cities, reflecting diverse preferences and price points. While the market faces challenges like fluctuating interest rates and material costs, the long-term outlook remains positive, driven by ongoing economic growth and sustained population increase. Major players like SP Setia, IOI Properties, and UEM Sunrise are shaping the landscape through large-scale developments and innovative projects. The segment of apartments and condominiums consistently dominates the market share due to affordability and location advantages in urban areas. Landed properties, including houses and villas, maintain a significant presence, appealing to those seeking larger spaces and a more private lifestyle. The geographical distribution of the market reveals Kuala Lumpur as the leading city in terms of property value and transaction volume, reflecting its status as the economic and cultural hub of the nation. However, other major cities like Johor Bahru, benefitting from its strategic location and industrial growth, are also experiencing substantial market expansion. Competition among developers is intense, necessitating innovative designs, sustainable practices, and strategic location choices to attract buyers. The market's resilience amidst economic fluctuations underscores the enduring appeal of residential property as a long-term investment and essential need. Recent developments include: December 2022: The south-east Asian real estate technology company, The PropertyGuru Group, has finalized the acquisition of iProperty Malaysia. Given that two brands (PropertyGuru and iProperty) are merging, they currently have a huge duty. The acquisition enables them to concentrate on what they believe is necessary to support their clients, and they aim to provide them with even more value., April 2022: Global real estate firm Knight Frank Malaysia expands its presence in the residential property market in Malaysia with the acquisition of Property Hub Sdn Bhd.. Notable trends are: Increase in Urbanization Boosting Demand for Residential Real Estate.

This dataset contains 2,000 entries of house price data from all states in Malaysia, providing a comprehensive overview of the country’s real estate market for 2025. Sourced from Brickz, a trusted platform for property transaction insights, it includes detailed information such as property location, tenure, type, median prices, and transaction counts. This dataset is ideal for real estate market analysis, predictive modeling, and exploring trends across Malaysia’s diverse property market.… See the full description on the dataset page: https://huggingface.co/datasets/jienweng/housing-prices-malaysia-2025.

Malaysia House Price Index: Annual: Johor Bahru data was reported at 157.300 1990=100 in 2001. This records a decrease from the previous number of 167.400 1990=100 for 2000. Malaysia House Price Index: Annual: Johor Bahru data is updated yearly, averaging 157.200 1990=100 from Dec 1988 (Median) to 2001, with 14 observations. The data reached an all-time high of 210.300 1990=100 in 1997 and a record low of 75.700 1990=100 in 1988. Malaysia House Price Index: Annual: Johor Bahru data remains active status in CEIC and is reported by Valuation and Property Services Department, Ministry of Finance. The data is categorized under Global Database’s Malaysia – Table MY.EB003: House Price Index: 1990=100.

In 2023, the price index of terraced house in Malaysia was 243.4, an increase from 232.8 in the year before. The price index shows the changes in prices during the observed period, as compared to the base value of 100 in 2010.

The Report Covers Malaysia Residential Property Market Outlook and it is Segmented By Type (Apartments and Condominiums and Landed Houses and Villas) and By Key Cities (Kuala Lumpur, Seberang Perai, George Town, and Johor Bahru). The market size and forecast are provided in terms of values (USD billion) for all the above segments.

House Price Index: Annual: Perak data was reported at 145.700 1990=100 in 2001. This records an increase from the previous number of 138.500 1990=100 for 2000. House Price Index: Annual: Perak data is updated yearly, averaging 116.800 1990=100 from Dec 1988 (Median) to 2001, with 14 observations. The data reached an all-time high of 145.700 1990=100 in 2001 and a record low of 96.000 1990=100 in 1988. House Price Index: Annual: Perak data remains active status in CEIC and is reported by Valuation and Property Services Department, Ministry of Finance. The data is categorized under Global Database’s Malaysia – Table MY.EB003: House Price Index: 1990=100.

The Malaysian real estate market, valued at $36.76 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 6.64% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, a burgeoning population and increasing urbanization are creating consistent demand for both residential and commercial properties. Government initiatives aimed at boosting infrastructure development and attracting foreign investment further stimulate market activity. The residential sector, encompassing villas, apartments, and other housing types, is expected to remain a significant contributor to overall growth, driven by rising disposable incomes and a preference for improved living standards. Meanwhile, the commercial sector, including offices, retail spaces, hospitality, and industrial properties, will benefit from a growing economy and increasing foreign direct investment. However, potential challenges exist. Interest rate fluctuations and regulatory changes could impact market stability. Moreover, maintaining sustainable development practices and addressing affordability concerns within the residential market will be crucial for long-term, healthy growth. The segmentation of the market reveals strong performance across various property types. Major players like Hartamas Real Estate, SP Setia Bhd, and IJM Corporation Berhad are leading the development and investment activities, shaping the competitive landscape. While the provided data focuses on Malaysia, future analysis could benefit from a deeper regional breakdown within the country, identifying key growth pockets and understanding localized market dynamics. The forecast period of 2025-2033 presents significant opportunities for investors and developers who can successfully navigate the market’s inherent challenges and leverage emerging trends such as sustainable construction and technology-driven property management solutions. The long-term outlook for the Malaysian real estate market remains positive, with substantial potential for continued expansion fueled by favorable economic conditions and a proactive government approach. This comprehensive report provides an in-depth analysis of the Malaysian real estate market, covering the historical period (2019-2024), base year (2025), and forecast period (2025-2033). It offers invaluable insights into market trends, key players, investment opportunities, and challenges for investors, developers, and stakeholders in the Malaysian property sector. With a focus on high-search-volume keywords like Malaysia property market, Malaysian real estate investment, Kuala Lumpur property prices, and Malaysia residential real estate, this report is designed for maximum visibility and accessibility. Recent developments include: July 2023: Sentral REIT had entered into a deal with MRCB to acquire the 27-storey Menara CelcomDigi in Petaling Jaya for RM450 million. Sentral REIT had announced that the acquisition will be funded with cash raised through a combination of equity and debt funding exercises., September 2023: Malaysia's SkyWorld, developer of the well-known Genting SkyWorlds Theme Park, has acquired 5,300 square meters of land in Ho Chi Minh City, its first land acquisition in Vietnam. SkyWorld will spend VND350 billion ($14.5 million) on acquiring 100% of the Vietnamese firm's shares.. Key drivers for this market are: 4., Increasing demand for green construction to reduce carbon footprint4.; Introduction of technology for manufactruing the of building construction material. Potential restraints include: 4., High cost of purchasing the equipment for development and manufacturing of various construction material. Notable trends are: Oversupply Causing Problems.

The statistic shows the inflation rate of house prices in Malaysia from 2000 to 2014. The inflation rate shows the increase of prices from the previous year. In 2013, the prices of houses went up by an average of 11.6 percent compared to 2012.