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

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.

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.

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]

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

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 (QMYR368BIS) from Q1 1989 to Q1 2025 about Malaysia, residential, housing, real, and price.

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.

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.

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.

In 2023, the price index of terraced 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.

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.

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 %.

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.

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.