As of the first half of 2024, there were more than 6.2 million existing residential units in Malaysia, the highest number compared to other types of properties. By comparison, there were more than 1,000 shopping complex in the country in the same year.

Malaysia Number of Property Sales: Residential data was reported at 68,032.000 Unit in Dec 2024. This records a decrease from the previous number of 70,520.000 Unit for Sep 2024. Malaysia Number of Property Sales: Residential data is updated quarterly, averaging 53,235.500 Unit from Mar 2002 (Median) to Dec 2024, with 92 observations. The data reached an all-time high of 73,630.000 Unit in Jun 2011 and a record low of 28,284.000 Unit in Jun 2020. Malaysia Number of Property Sales: Residential 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.EB006: Property Sales: Unit: by Type of Property.

In 2023, the average price of houses in Malaysia was at approximately 467,000 Malaysian ringgit, an increase of nearly 15,000 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 69 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.

Residential Property Prices in Malaysia increased 0.36 percent in September of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Malaysia Residential Property Prices.

The house price index in Malaysia reached 216.5 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 22 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 450,000 Malaysian ringgit in 2022, an increase of around 12,000 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 250,000 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.

The Real Estate Industry in Malaysia is Segmented by Type (Residential Real Estate (Villas, Apartments, and Other Types) and Commercial Real Estate (Offices, Retail, Hospitality, Industrial, and Other Types). The Report Offers Market Size and Forecast for the Malaysian Real Estate Market in Value (USD) for the Above Segments.

Malaysia Property Sales: Industrial data was reported at 7,201.365 MYR mn in Dec 2024. This records an increase from the previous number of 7,159.756 MYR mn for Sep 2024. Malaysia Property Sales: Industrial data is updated quarterly, averaging 2,805.235 MYR mn from Mar 2002 (Median) to Dec 2024, with 92 observations. The data reached an all-time high of 7,201.365 MYR mn in Dec 2024 and a record low of 889.610 MYR mn in Dec 2002. Malaysia Property Sales: Industrial 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.EB011: Property Sales: Value: by Type of Property. [COVID-19-IMPACT]

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.

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.

In 2022, Sunway Group was the leading property developer in Malaysia with 5.2 billion Malaysian ringgit in revenue. S P Setia had the second largest revenue among other property developers in the country in the same year, with 4.45 billion Malaysian ringgit.

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.

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 Property Sales: Residential data was reported at 28,805.764 MYR mn in Dec 2024. This records an increase from the previous number of 28,685.965 MYR mn for Sep 2024. Malaysia Property Sales: Residential data is updated quarterly, averaging 16,122.635 MYR mn from Mar 2002 (Median) to Dec 2024, with 92 observations. The data reached an all-time high of 28,805.764 MYR mn in Dec 2024 and a record low of 4,122.990 MYR mn in Dec 2002. Malaysia Property Sales: Residential 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.EB011: Property Sales: Value: by Type of Property. [COVID-19-IMPACT]

House price index in Malaysia, December, 2024 The most recent value is 222.13 index points as of Q4 2024, a decline compared to the previous value of 226.69 index points. Historically, the average for Malaysia from Q1 1990 to Q4 2024 is 113.8 index points. The minimum of 33.98 index points was recorded in Q1 1990, while the maximum of 226.69 index points was reached in Q3 2024. | TheGlobalEconomy.com

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]

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.

Context

This dataset contains information on rent pricing surrounding Kuala Lumpur and Selangor region, Malaysia. The information was scraped from mudah.my

Content

There are 13 features with one unique ids (ads_id) and one target feature (monthly_rent)

• ads_id: the listing ids (unique)
• prop_name: name of the building/ property
• completion_year: completion/ established year of the property
• monthly_rent: monthly rent in ringgit malaysia (RM)
• location: property location in Kuala Lumpur region
• property_type:property type such as apartment, condominium, flat, duplex, studio, etc
• rooms: number of rooms in the unit
• parking: number of parking space for the unit
• bathroom: number of bathrooms in the unit
• size: total area of the unit in square feet
• furnished: furnishing status of the unit (fully, partial, non-furnished)
• facilities: main facilities available
• additional_facilities: additional facilities (proximity to attraction area, mall, school, shopping, railways, etc)

Acknowledgements The data was scraped from mudah.my

Inspiration I have been living in Kuala Lumpur, Malaysia since 2017, and in the past there was no easy way to understand whether certain unit pricing is making sense or not. With this dataset, I wanted to be able to answer the following questions:

• What are the biggest factor affecting the unit/rent pricing?
• Which location in Kuala Lumpur/ Selangor region that has the highest rent price? etc?

The Malaysian commercial real estate market, valued at approximately RM 8.88 billion in 2025, exhibits robust growth potential. A compound annual growth rate (CAGR) of 7.65% projected from 2025 to 2033 indicates a significant expansion, driven primarily by sustained economic growth, increasing urbanization, and robust infrastructure development within key cities like Kuala Lumpur, Seberang Perai, and Kajang. The burgeoning e-commerce sector fuels demand for logistics and warehousing space, while tourism recovery boosts the hospitality segment. However, challenges persist, including potential interest rate fluctuations impacting investment decisions and ongoing global economic uncertainty potentially affecting construction timelines and overall market confidence. The market is segmented by property type (offices, retail, industrial, logistics, multi-family, hospitality) and key geographical locations, providing opportunities for targeted investment strategies. Major players like Conlay Construction Sdn Bhd, YTL Corporation Berhad, and IJM Corporation Berhad dominate the landscape, competing for projects across diverse segments. The ongoing development of integrated mixed-use projects and the government's focus on sustainable development will shape the sector's trajectory in the coming years. The forecast for the Malaysian commercial real estate market suggests continued growth through 2033, though the rate may fluctuate based on macroeconomic conditions. Specific sectors such as multi-family housing and logistics are expected to experience particularly strong growth fueled by population increases and e-commerce expansion, respectively. Potential regulatory changes regarding sustainable building practices and green initiatives may influence development patterns and investment decisions. Analyzing historical data from 2019-2024 provides crucial insights into market behavior and informs more accurate projections. However, external factors such as geopolitical events and shifts in global investment patterns could still influence the market's overall performance, necessitating continued monitoring and analysis. A diversified investment approach across various property types and locations remains advisable to mitigate potential risks and maximize returns within the Malaysian commercial real estate sector. 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: Growth trajectory with a steady pipeline of distribution and warehouse projects, Increasing investment in Greater Kuala Lumpur for Office Space. Notable trends are: Rise in growth in retail sector.

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 %.

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.