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.

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 Malaysia Real Estate Market Report is Segmented by Business Model (Sales and Rental), by Property Type (Residential and Commercial), by End-User (Individuals/Households, Corporates & SMEs and Others), and by Key Cities (Kuala Lumpur, Penang, Johor Bahru, Petaling Jaya and the Rest of Malaysia). The Market Forecasts are Provided in Terms of Value (USD).

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.

Discover the booming Malaysian residential property market! Our in-depth analysis reveals a $22.41B market with a 5.90% CAGR, driven by urbanization and strong demand in Kuala Lumpur, Johor Bahru, and other key cities. Explore market trends, key players (SP Setia, IOI Properties, etc.), and future growth projections until 2033. 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.

Key information about House Prices Growth

• Malaysia house prices grew 0.1% YoY in Sep 2025, following an increase of 3.0% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2000 to Sep 2025, with an average growth rate of 14.3%.
• House price data reached an all-time high of 14.3% in Dec 2012 and a record low of 0.1% in Sep 2025.

Discover the booming ASEAN manufactured homes market! This comprehensive analysis reveals a CAGR exceeding 5%, driven by urbanization, affordability needs, and government initiatives. Explore market size projections, regional breakdowns (Indonesia, Malaysia, Thailand, etc.), key players, and future trends in this rapidly expanding sector. Recent developments include: September 2022: Scandinavian Industrialised Building Systems (SIBS) has invested over RM200 million to set up its second manufacturing facility at the Penang Science Park North in Simpang Ampat, Malaysia which boosts the production of modular construction materials. This expansion project is anticipated to increase the production lines to approximately four times more than the current production lines, March 2022: Sampangan (building system manufacturer) built a carbon tech modular home in Indonesia. This is a pilot project for a carbon concrete building system that is affordable for low-income communities. It is estimated to be 40 percent cheaper than conventional affordable housing in the market. The simplicity of design, modularity, knockdown system, and lighter weight would also enable low-income communities that generally do not have formal construction knowledge to build their own homes, and not depend on expensive professional contractors and developers.. Notable trends are: Rapid Urbanization in ASEAN Countries Boosts the Demand for Manufactured Homes.

The size of the Malaysia Commercial Real Estate Industry market was valued at USD 8.88 Million in 2023 and is projected to reach USD 14.88 Million by 2032, with an expected CAGR of 7.65% during the forecast period. Recent developments include: July 2023: Skyworld Development Bhd plans to launch new commercial projects in Kuala Lumpur with total estimated gross development values exceeding RM 1 Billion in the current financial year ending March 31, 2024. Skyworld will explore new growth opportunities by expanding its presence from Kuala Lumpur to the state of Selangor., January 2023: Gamuda Bhd’s unit is acquiring eight parcels of freehold lands in Rawang, collectively spanning 532 acres for RM360 million. Gamuda Land (Botanic) Sdn Bhd purchased these lands from Kundang Properties Sdn Bhd for a mixed development with a gross development value of RM3.3 billion over ten years. The group said these new lands are targeted for a 2026 launch and will contribute to the group’s earnings over the following six years as Gamuda Land continues to focus on high-value opportunities both in Malaysia and overseas, where it has established its presence, namely Vietnam, Australia, Singapore and the UK.. Key drivers for this market are: Growth trajectory with a steady pipeline of distribution and warehouse projects, Increasing investment in Greater Kuala Lumpur for Office Space. Potential restraints include: Rising commodity prices. Notable trends are: Rise in growth in retail sector.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Other-Current-Assets Time Series for IGB Real Estate Investment Trust. Established on 25 July 2012, IGB REIT is a Malaysia-domiciled real estate investment trust. Listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa) on 21 September 2012, it owns income producing real estate that is used for retail purposes in Malaysia and overseas. Comprising two malls " Mid Valley Megamall (MVM) and The Gardens Mall (TGM) " located in the Klang Valley, IGB REIT's portfolio has a total net lettable area (NLA) of approximately 2.64 million square feet (sf), and as at 31 December 2024, had a market capitalisation of RM7.74 billion. Its investment properties are RM5.44 billion.

Middle income households (MIH) are currently argued as facing dilemma in purchasing their first house in the open market in Malaysia due to arising house prices. MIH working in the public sector were provided by the government with low interest rate housing loans while MIH working in the private sector were mostly left to survive on their own. One of the questions that arise is whether there is a distinct difference between middle income household capability and affordability level to purchase a house in these two employment sectors. The recently launched National Housing Policy (NHP) that was previously embedded in the five-year Malaysia Plan has highlighted and supported the issue of middle income household but the implementation of guidelines is yet to be announced by the government. The main focus of this paper is to distinguish to what extent the inequality of capability and affordability level of middle income household between those employed in private and public sectors. Secondly, the paper aims to determine the role of the government in the housing market closely relating it to NHP. Based on a case study of major cities in Malaysia, mixed method approach was applied to a total of 760 respondents working in public and private sectors that has owned a house. The findings show that there is a small disparity between middle income household in the public and private sectors. Despite a small disparity, there are significant similarities between the capability and affordability level between employments in both sectors. The importance of this study demonstrates there is minimal inequality between employments in public and private sectors. Thus, the problem of affordable housing falls on the income group as a whole which demands more policies and intervention by the government together with the involvement of employers in the private sector to address this issue.

The Malaysian construction industry, currently valued at RM 38.55 billion (assuming "Million" refers to Malaysian Ringgit, and the provided value represents the 2025 market size), exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 8.55% from 2025 to 2033. This growth is fueled by several key drivers. Firstly, sustained government investment in infrastructure development, particularly in transportation projects like highways and railways, is a significant contributor. Secondly, the ongoing urbanization and rising population necessitate increased residential and commercial construction activity. Thirdly, growing industrial activity, especially in manufacturing and logistics, demands more industrial facilities and related infrastructure. However, challenges remain. Fluctuations in global commodity prices, particularly steel and cement, pose a significant constraint, impacting project costs and profitability. Furthermore, potential labor shortages and skill gaps within the industry could limit growth potential. The industry is segmented by sector (Commercial, Residential, Industrial, Infrastructure, Energy & Utilities) and construction type (Additions, Demolition, New Construction). Major players like YTL Corporation Berhad, IJM Corporation Berhad, and Gamuda Berhad dominate the market, though many smaller firms also contribute significantly. The industry's geographic distribution is diverse, with projects spanning across the country, reflecting uneven development across different regions. The forecast for 2026 onwards suggests a continued upward trajectory, reflecting the ongoing government initiatives and private sector investment. While external factors like global economic uncertainty could introduce some volatility, the strong fundamentals of the Malaysian economy and continued demand for construction services underpin a positive outlook for the long term. Strategic diversification across sectors and a focus on sustainable construction practices will be crucial for companies to maximize growth and navigate potential challenges effectively. The market segmentation reveals opportunities for specialized contractors and suppliers to target specific niches, fostering competition and innovation. Recent developments include: October 2023: Gamuda Bhd entered into a joint-venture agreement with Sabah Energy Corp Sdn Bhd (SEC) and Kerjaya Kagum Hitech JV Sdn Bhd (KKHJV) to undertake a private finance initiative for the development of the MYR 4 billion (USD 0.86 billion) 187.5 MW hydroelectric power plant in Tenom, Sabah., July 2023: IJM formed a partnership with FMM Elmina Sdn Bhd to develop two logistics hubs on a 22-acre site in the City of Elmina, Shah Alam, marking its maiden industrial property development in the Klang Valley.. Key drivers for this market are: 4., Rise in Demand for Residential Property4.; Increase in Infrastructure Projects. Potential restraints include: 4., Rise in Demand for Residential Property4.; Increase in Infrastructure Projects. Notable trends are: Residential Construction Driving the Market.

Property-Plant-and-Equipment-Gross Time Series for Malayan Banking Bhd. Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates in three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services. The company also provides credit cards; bancassurance products; hire purchase, unit trust, cash management, custodian, and trustee services; and treasury activities and services, including foreign exchange, money market, derivatives, and trading of capital market. In addition, it offers investment banking and securities broking services comprising corporate advisory, bond and equity issuance, syndicated acquisition advisory, debt restructuring advisory, and share and futures dealings; and asset and fund management services, including a range of conventional and Islamic investment solutions. Further, the company underwrites general and life insurance businesses, offshore investment life insurance business, and general and family takaful businesses; and offers offshore banking, multi-financing, bureau, corporate finance, property leasing and trading, nominee, property investment, business/economic consultancy and advisory, IT shared and development, financial and investment advisory, research, and leasing and factoring services, as well as business management consultancy/support services. It serves individuals, corporates, financial institutions, government entities/agencies, and commercial customers, as well as micro, small and medium enterprises in Malaysia, Singapore, Indonesia, the Philippines, Brunei Darussalam, the People's Republic of China, Hong Kong SAR, Vietnam, the United Kingdom, the United States of America, Cambodia, Laos, Myanmar, Labuan Offshore, and Thailand. Malayan Banking Berhad was incorporated in 1960 and is headquartered in Kuala Lumpur, Malaysia.

Property-Plant-and-Equipment-Gross Time Series for AMMB Holdings Bhd. AMMB Holdings Berhad, an investment holding company, provides various financial products and services to retail, corporate, and institutional clients in Malaysia. The company offers deposit products comprising saving, current, hybrid current, fixed deposit, treasury deposits, and foreign currency accounts; car, home, and business loans; ASB/ASB2, personal, and green financing; credit and debit cards; wealth management, such as unit trust, direct bond/sukuk, and will/wasiat writing; equities; online and mobile banking; financing solutions, such as general working capital, project/contract financing, asset acquisition, and guarantee and BNM funded schemes; fund, cash, and asset management; and payroll, digital, domestic and cross-border, merchant business, hedging, and green solutions. It also provides corporate lending and trade finance; offshore, commercial, wholesale, business, SME, retail, investment, Islamic, transaction, priority, and private banking services; mergers and acquisitions advisory; equity and debt capital market; treasury and market solutions, such as fx and rates management, fixed income investment, equity derivatives, and structured products; stock and futures broking; investment advisory; and repayment assistance services. In addition, the company sells and trades in fixed income, interest rates, foreign exchange, money market, equity derivatives, commodities, and other derivatives; manages real estate investment and unit trusts, private retirement, and customer loyalty schemes; distributes Islamic wholesale funds; invests in real estate properties; securitizes mortgage loans; outsources servicers for mortgage related activities; nominee services; and provides bancassurance, general and life insurance, and family takaful products. AMMB Holdings Berhad was founded in 1975 and is headquartered in Kuala Lumpur, Malaysia.