In 2023, the average price of houses in Malaysia was at approximately ******* Malaysian ringgit, an increase of nearly ****** 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 ** 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.

Average House Price: Malaysia data was reported at 408,774.000 MYR in Jun 2018. This records a decrease from the previous number of 412,449.000 MYR for Mar 2018. Average House Price: Malaysia data is updated quarterly, averaging 311,394.500 MYR from Mar 2009 (Median) to Jun 2018, with 38 observations. The data reached an all-time high of 412,449.000 MYR in Mar 2018 and a record low of 199,431.000 MYR in Mar 2009. Average House Price: Malaysia 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.EB019: Residential Property Stock: Average House Price.

Malaysia Average House Price: Selangor data was reported at 468,954.000 MYR in Jun 2018. This records a decrease from the previous number of 473,370.000 MYR for Mar 2018. Malaysia Average House Price: Selangor data is updated quarterly, averaging 349,036.500 MYR from Mar 2009 (Median) to Jun 2018, with 38 observations. The data reached an all-time high of 473,370.000 MYR in Mar 2018 and a record low of 217,922.000 MYR in Mar 2009. Malaysia Average House Price: Selangor 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.EB019: Residential Property Stock: Average House Price.

Housing Index in Malaysia decreased to 224.20 Index in the fourth quarter of 2024 from 228.30 Index in the third quarter of 2024. This dataset provides - Malaysia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The house price index in Malaysia reached ***** 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 ** 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 ******* Malaysian ringgit in 2022, an increase of around ****** 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 ******* 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.

Malaysia Average House Price: Johor data was reported at 327,173.000 MYR in Jun 2018. This records a decrease from the previous number of 331,417.000 MYR for Mar 2018. Malaysia Average House Price: Johor data is updated quarterly, averaging 239,729.500 MYR from Mar 2009 (Median) to Jun 2018, with 38 observations. The data reached an all-time high of 331,417.000 MYR in Mar 2018 and a record low of 154,018.000 MYR in Dec 2009. Malaysia Average House Price: 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.EB019: Residential Property Stock: Average House Price.

Malaysia Average House Price: Perak data was reported at 202,340.000 MYR in Jun 2018. This records an increase from the previous number of 200,881.000 MYR for Mar 2018. Malaysia Average House Price: Perak data is updated quarterly, averaging 154,769.500 MYR from Mar 2009 (Median) to Jun 2018, with 38 observations. The data reached an all-time high of 202,340.000 MYR in Jun 2018 and a record low of 108,088.000 MYR in Sep 2009. Malaysia Average House Price: 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.EB019: Residential Property Stock: Average House Price.

House price index in Malaysia, March, 2025 The most recent value is 223.12 index points as of Q1 2025, a decline compared to the previous value of 228.77 index points. Historically, the average for Malaysia from Q1 1990 to Q1 2025 is 114.63 index points. The minimum of 33.98 index points was recorded in Q1 1990, while the maximum of 228.77 index points was reached in Q4 2024. | TheGlobalEconomy.com

Malaysia Average House Price: Sabah data was reported at 437,901.000 MYR in Mar 2018. This records an increase from the previous number of 433,608.000 MYR for Dec 2017. Malaysia Average House Price: Sabah data is updated quarterly, averaging 359,469.000 MYR from Mar 2009 (Median) to Mar 2018, with 37 observations. The data reached an all-time high of 437,901.000 MYR in Mar 2018 and a record low of 219,709.000 MYR in Mar 2009. Malaysia Average House Price: Sabah 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.EB019: Residential Property Stock: Average House Price.

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.

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 **** percent compared to 2012.

Malaysia Average House Price: Melaka data was reported at 175,564.000 MYR in Mar 2018. This records an increase from the previous number of 174,173.000 MYR for Dec 2017. Malaysia Average House Price: Melaka data is updated quarterly, averaging 128,652.000 MYR from Mar 2009 (Median) to Mar 2018, with 37 observations. The data reached an all-time high of 175,564.000 MYR in Mar 2018 and a record low of 103,437.000 MYR in Mar 2009. Malaysia Average House Price: Melaka 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.EB019: Residential Property Stock: Average House Price.

Malaysia Average House Price: Pahang data was reported at 224,972.000 MYR in Mar 2018. This records a decrease from the previous number of 229,647.000 MYR for Dec 2017. Malaysia Average House Price: Pahang data is updated quarterly, averaging 187,042.000 MYR from Mar 2009 (Median) to Mar 2018, with 37 observations. The data reached an all-time high of 230,926.000 MYR in Sep 2017 and a record low of 131,402.000 MYR in Mar 2009. Malaysia Average House Price: 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.EB019: Residential Property Stock: Average House Price.

Real residential property prices Y-on-Y, percent change in Malaysia, March, 2025 The most recent value is -0.68 percent as of Q1 2025, a decline compared to the previous value of 2.58 percent. Historically, the average for Malaysia from Q1 1990 to Q1 2025 is 3.1 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

Malaysia Average House Price: Perlis data was reported at 171,996.000 MYR in Mar 2018. This records an increase from the previous number of 168,620.000 MYR for Dec 2017. Malaysia Average House Price: Perlis data is updated quarterly, averaging 136,881.000 MYR from Mar 2009 (Median) to Mar 2018, with 37 observations. The data reached an all-time high of 171,996.000 MYR in Mar 2018 and a record low of 96,534.000 MYR in Mar 2009. Malaysia Average House Price: Perlis 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.EB019: Residential Property Stock: Average House Price.

The Malaysian residential property market, valued at approximately RM22.41 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.90% from 2025 to 2033. This expansion is driven by several key factors. Firstly, a growing population and increasing urbanization, particularly in major cities like Kuala Lumpur, Johor Bahru, George Town, and Seberang Perai, fuel the demand for housing. Secondly, government initiatives aimed at improving affordability and infrastructure development are stimulating market activity. Finally, the ongoing diversification of the Malaysian economy and rising disposable incomes contribute to increased purchasing power among potential homebuyers. The market is segmented into apartments and condominiums, and landed houses and villas, catering to diverse preferences and budget levels. Leading developers such as Platinum Victory, Matrix Concepts Holdings Bhd, Mah Sing Group Bhd, Sime Darby Property, IGB Berhad, IOI Properties, Glomac Bhd, S P Setia, UEM Sunrise, and Eco World Development Group Berhad are key players shaping the market landscape. However, challenges remain, including potential interest rate fluctuations, material cost increases, and ongoing regulatory changes which could influence market growth. Despite these challenges, the long-term outlook for the Malaysian residential property market remains positive. Continued economic growth and infrastructure improvements, alongside government policies supporting affordable housing, are likely to sustain demand. The diverse range of property types available, from high-rise apartments to luxurious villas, ensures the market caters to a broad spectrum of buyers. Strategic investments by developers in innovative designs, sustainable building practices, and integrated community developments will be crucial for capturing market share and navigating the evolving needs of the Malaysian residential property sector. The ongoing focus on strengthening the economy and improving living standards will act as a significant catalyst for further growth in the years to come. This report provides a detailed analysis of the Malaysia residential property market, covering the period from 2019 to 2033. We delve into market trends, growth drivers, and challenges, offering valuable insights for investors, developers, and industry stakeholders. The study encompasses key segments including apartments and condominiums, landed houses and villas, and focuses on major cities like Kuala Lumpur, Johor Bahru, George Town, and Seberang Perai. The base year is 2025, with estimations for 2025 and forecasts extending to 2033, based on historical data from 2019-2024. Disclaimer: This report description is a template. It requires additional market research data to be completely filled. Specific numbers and deeper analyses would be included in the full report. 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.. Key drivers for this market are: 4., Increasing Residential Real Estate Demand by Young People4.; Increase in Average Housing Price in Mexico. Potential restraints include: 4., Lack of Affordable Housing Inhibiting the Growth of the Market4.; Economic Instability Affecting the Growth of the Market. Notable trends are: Increase in Urbanization Boosting Demand for Residential Real Estate.

Malaysia Average House Price: Terraced House: Sarawak data was reported at 331,797.000 MYR in Mar 2018. This records an increase from the previous number of 324,087.000 MYR for Dec 2017. Malaysia Average House Price: Terraced House: Sarawak data is updated quarterly, averaging 250,750.000 MYR from Mar 2009 (Median) to Mar 2018, with 37 observations. The data reached an all-time high of 331,797.000 MYR in Mar 2018 and a record low of 184,626.000 MYR in Sep 2009. Malaysia Average House Price: Terraced House: Sarawak 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.EB019: Residential Property Stock: Average House Price.

Malaysia Average House Price: Detached House: Kuala Lumpur data was reported at 3,791,886.000 MYR in Jun 2018. This records a decrease from the previous number of 3,946,370.000 MYR for Mar 2018. Malaysia Average House Price: Detached House: Kuala Lumpur data is updated quarterly, averaging 3,268,208.500 MYR from Mar 2009 (Median) to Jun 2018, with 38 observations. The data reached an all-time high of 4,172,245.000 MYR in Sep 2017 and a record low of 1,924,863.000 MYR in Mar 2009. Malaysia Average House Price: Detached House: Kuala Lumpur 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.EB019: Residential Property Stock: Average House Price.

Malaysia Average House Price: High Rise Unit: Selangor data was reported at 260,381.000 MYR in Jun 2018. This records a decrease from the previous number of 270,745.000 MYR for Mar 2018. Malaysia Average House Price: High Rise Unit: Selangor data is updated quarterly, averaging 206,021.500 MYR from Mar 2009 (Median) to Jun 2018, with 38 observations. The data reached an all-time high of 279,448.000 MYR in Sep 2017 and a record low of 132,431.000 MYR in Jun 2009. Malaysia Average House Price: High Rise Unit: Selangor 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.EB019: Residential Property Stock: Average House Price.

Malaysia Average House Price: High Rise Unit: Johor data was reported at 247,881.000 MYR in Jun 2018. This records a decrease from the previous number of 254,670.000 MYR for Mar 2018. Malaysia Average House Price: High Rise Unit: Johor data is updated quarterly, averaging 183,723.000 MYR from Mar 2009 (Median) to Jun 2018, with 38 observations. The data reached an all-time high of 256,704.000 MYR in Sep 2017 and a record low of 104,257.000 MYR in Sep 2009. Malaysia Average House Price: 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.EB019: Residential Property Stock: Average House Price.