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.

Residential Property Prices in Malaysia increased 0.85 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Malaysia Residential Property Prices.

Graph and download economic data for Real Residential Property Prices for Malaysia (QMYR628BIS) from Q1 1988 to Q1 2025 about Malaysia, residential, HPI, housing, real, price index, indexes, and price.

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 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 Real Residential Property Price Index Growth

• Malaysia Real Residential Property Price Index Growth was reported at -1.520 % in Sep 2024.
• This records a decrease from the previous number of 2.118 % for Jun 2024.
• Malaysia Real Residential Property Price Index Growth data is updated quarterly, averaging 2.445 % from Mar 1989 to Sep 2024, with 143 observations.
• The data reached an all-time high of 25.216 % in Sep 1991 and a record low of -16.419 % in Sep 1998.
• Malaysia Real Residential Property Price Index Growth 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: YoY %.

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 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

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.

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.

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

As of the first half of 2024, the transaction value of the residential real estate market in Malaysia amounted to around **** billion Malaysian ringgit. By comparison, the transaction value reached ****** billion Malaysian ringgit in 2023. Overall, the residential property market indicates an upward trend in the value of transactions in the past two years.

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.

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.

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.

The Malaysia Residential Real Estate Market Report is Segmented by Business Model (Sales and Rental), by Property Type (Apartments & Condominiums and Villas & Landed Houses), by Price Band (Affordable, Mid-Market and Luxury), by Mode of Sale (Primary (New-Build) and Secondary (Existing-Home Resale)), and by Key Cities (Kuala Lumpur, Penang, and More). The Market Forecasts are Provided in Terms of Value (USD).

Key information about Malaysia Nominal Residential Property Price Index Growth

• Malaysia Nominal Residential Property Price Index Growth was reported at 0.365 % in Sep 2024.
• This records a decrease from the previous number of 4.105 % for Jun 2024.
• Malaysia Nominal Residential Property Price Index Growth data is updated quarterly, averaging 4.688 % from Mar 1989 to Sep 2024, with 143 observations.
• The data reached an all-time high of 31.407 % in Sep 1991 and a record low of -11.624 % in Sep 1998.
• Malaysia Nominal Residential Property Price Index Growth 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: YoY %.

CPI Housing Utilities in Malaysia increased to 128.10 points in February from 126.50 points in January of 2024. This dataset provides - Malaysia Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The real estate transaction value in the real estate market in Malaysia was modeled to amount to ************ U.S. dollars in 2024. Between 2017 and 2024, the real estate transaction value rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The real estate transaction value will steadily rise by *********** U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Real Estate.

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.