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.

Graph and download economic data for Real Residential Property Prices for Malaysia (QMYR628BIS) from Q1 1988 to Q4 2024 about Malaysia, residential, HPI, housing, real, price index, indexes, and price.

Graph and download economic data for Residential Property Prices for Malaysia (QMYN628BIS) from Q1 1988 to Q1 2025 about Malaysia, residential, HPI, housing, price index, indexes, and price.

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.

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.

Key information about Malaysia Gold Production

• Malaysia Real Residential Property Price Index was reported at 163.787 2010=100 in Sep 2024.
• This records a decrease from the previous number of 168.426 2010=100 for Jun 2024.
• Malaysia Real Residential Property Price Index data is updated quarterly, averaging 95.277 2010=100 from Mar 1988 to Sep 2024, with 147 observations.
• The data reached an all-time high of 168.426 2010=100 in Jun 2024 and a record low of 59.468 2010=100 in Mar 1988.
• Malaysia Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

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

Key information about Malaysia Nominal Residential Property Price Index

• Malaysia Nominal Residential Property Price Index was reported at 218.074 2010=100 in Sep 2024.
• This records a decrease from the previous number of 223.521 2010=100 for Jun 2024.
• Malaysia Nominal Residential Property Price Index data is updated quarterly, averaging 83.731 2010=100 from Mar 1988 to Sep 2024, with 147 observations.
• The data reached an all-time high of 223.521 2010=100 in Jun 2024 and a record low of 31.454 2010=100 in Mar 1988.
• Malaysia Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

[COVID-19-IMPACT]

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.

House Price Index: Annual: Semi Detached House: Johor data was reported at 143.900 1990=100 in 2001. This records a decrease from the previous number of 145.400 1990=100 for 2000. House Price Index: Annual: Semi Detached House: Johor data is updated yearly, averaging 130.650 1990=100 from Dec 1988 (Median) to 2001, with 14 observations. The data reached an all-time high of 150.400 1990=100 in 1997 and a record low of 85.200 1990=100 in 1988. House Price Index: Annual: Semi Detached House: 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.

In 2023, the price index of detached house in Malaysia was ***, an increase from ***** 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.

Graph and download economic data for Residential Property Prices for Malaysia (QMYN368BIS) from Q1 1989 to Q1 2025 about Malaysia, residential, housing, and price.

House Price Index: Annual: Negeri Sembilan data was reported at 171.200 1990=100 in 2001. This records an increase from the previous number of 160.000 1990=100 for 2000. House Price Index: Annual: Negeri Sembilan data is updated yearly, averaging 119.200 1990=100 from Dec 1988 (Median) to 2001, with 14 observations. The data reached an all-time high of 171.200 1990=100 in 2001 and a record low of 97.000 1990=100 in 1988. House Price Index: Annual: Negeri Sembilan 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.

In 2023, the price index of semi-detached house in Malaysia was *****, an increase from ***** 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.

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.

Key information about House Prices Growth

• Malaysia house prices grew 1.4% YoY in Dec 2024, following an increase of 4.3% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2000 to Dec 2024, with an average growth rate of 4.3%.
• House price data reached an all-time high of 14.3% in Dec 2012 and a record low of 0.2% in Sep 2020.

CEIC calculates House Prices Growth from quarterly House Price Index. The Valuation and Property Services Department, Ministry of Finance provides House Price Index with base 2010=100. House Prices Growth prior to Q1 2010 is calculated from House Price Index with base 2000=100.

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.

As of the fourth quarter of 2024, Malaysia was the country with the highest inflation-adjusted increase in house prices since 2010 among the Asia-Pacific (APAC) countries under observation. The real house price index in Malaysia reached nearly *** index points. This means that, adjusted for inflation, house prices grew ** percent since 2010, the baseline year when the index value was set to 100. According to the nominal house price index, which does not adjust for the effects of inflation, the price increase was higher.

Malaysia House Price Index: Annual: Terraced House: Kuala Lumpur data was reported at 300.100 2000=100 in 2016. This records an increase from the previous number of 278.400 2000=100 for 2015. Malaysia House Price Index: Annual: Terraced House: Kuala Lumpur data is updated yearly, averaging 139.850 2000=100 from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 300.100 2000=100 in 2016 and a record low of 90.000 2000=100 in 1999. Malaysia House Price Index: Annual: Terraced 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.EB002: House Price Index: 2000=100.