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.

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.

Malaysia Property Sales: Perak: Residential data was reported at 941.130 MYR mn in Jun 2018. This records a decrease from the previous number of 1,020.335 MYR mn for Mar 2018. Malaysia Property Sales: Perak: Residential data is updated quarterly, averaging 672.700 MYR mn from Mar 2002 (Median) to Jun 2018, with 66 observations. The data reached an all-time high of 1,342.280 MYR mn in Jun 2014 and a record low of 283.480 MYR mn in Dec 2002. Malaysia Property Sales: Perak: 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.EB008: Property Sales: Value: by Type of Property.

1) Data Introduction • The Property Listings in Kuala Lumpur Data dataset contains information about properties for sale in Kuala Lumpur, Malaysia, including prices and related characteristics. • Key features include location, price, number of rooms, number of bathrooms, number of parking spaces, property type, size, and furnishing status.

2) Data Utilization (1) Characteristics of the Property Listings in Kuala Lumpur Data • This dataset includes various characteristics of properties traded in Kuala Lumpur, making it useful for analyzing and predicting trends in the real estate market. • It provides valuable information for analyzing real estate market price fluctuations and trends.

(2) Applications of the Property Listings in Kuala Lumpur Data • Market Analysis: Useful for analyzing trends in the Kuala Lumpur real estate market, identifying price fluctuations, and understanding market demand patterns. • Prediction Modeling: Enables the development of models to predict property prices based on various characteristics. For example, it can predict prices based on factors such as location, size, and number of rooms. • Business Insights: The data can be used to analyze consumer preferences, regional demand, and pricing strategies, which can be leveraged to create real estate investment strategies or business models.

According to a survey among consumers in Malaysia on property ownership, as of June 2024, 33 percent of respondents said they intended to purchase a property within the next year or two. Meanwhile, 19 percent of respondents said they didn't have the intention to purchase a property.

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.

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.

Malaysia Property Sales: Agricultural data was reported at 4,936.476 MYR mn in Dec 2024. This records an increase from the previous number of 4,900.066 MYR mn for Sep 2024. Malaysia Property Sales: Agricultural data is updated quarterly, averaging 2,995.303 MYR mn from Mar 2002 (Median) to Dec 2024, with 92 observations. The data reached an all-time high of 7,845.640 MYR mn in Sep 2011 and a record low of 669.520 MYR mn in Mar 2002. Malaysia Property Sales: Agricultural 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 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.

Malaysia Property Sales: Labuan: Residential data was reported at 17.997 MYR mn in Sep 2018. This records an increase from the previous number of 15.820 MYR mn for Jun 2018. Malaysia Property Sales: Labuan: Residential data is updated quarterly, averaging 15.710 MYR mn from Mar 2007 (Median) to Sep 2018, with 47 observations. The data reached an all-time high of 36.760 MYR mn in Dec 2008 and a record low of 9.490 MYR mn in Sep 2013. Malaysia Property Sales: Labuan: 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.EB008: Property Sales: Value: by Type of Property.

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.

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Residential Real Estate Market Size 2025-2029

The residential real estate market size is forecast to increase by USD 485.2 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, fueled by increasing marketing initiatives that attract potential buyers and tenants. This trend is driven by the rising demand for housing solutions that cater to the evolving needs of consumers, particularly in urban areas. However, the market's growth trajectory is not without challenges. Regulatory uncertainty looms large, with changing policies and regulations posing a significant threat to market stability. Notably, innovative smart home technologies, such as voice-activated assistants and energy-efficient appliances, are gaining traction, offering enhanced convenience and sustainability for homeowners.
As such, companies seeking to capitalize on the opportunities presented by the growing the market must navigate these challenges with agility and foresight. The residential construction industry's expansion is driven by urbanization and the rising standard of living in emerging economies, including India, China, Thailand, Malaysia, and Indonesia. By staying abreast of regulatory changes and implementing innovative marketing strategies, they can effectively meet the evolving needs of consumers and maintain a competitive edge. These regulatory shifts can impact everything from property prices to financing options, making it crucial for market players to stay informed and adapt quickly.

What will be the Size of the Residential Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic housing market analysis, small flats continue to be a popular choice for both investors and first-time homebuyers, driven by affordability and urban growth. International investment in housing projects, including apartments and condominiums, remains strong, offering attractive investment returns. Real estate syndication and property management software facilitate efficient property ownership and management. Real estate loans, property insurance, and urban planning are essential components of the housing market, ensuring the development of affordable housing and addressing the needs of the middle class and upper middle class. Property disputes, property tax assessments, and real estate litigation are ongoing challenges, requiring careful attention from stakeholders.
Property search engines streamline the process of finding the perfect property, from studio apartments to luxury homes. Real estate auctions, land banking, and nano apartments are innovative solutions in the market, while property flipping and short sales provide opportunities for savvy investors. Urban growth and community development are key trends, with a focus on sustainable, planned cities and the integration of technology, such as real estate blockchain, into the industry. Developers secure building permits, review inspection reports, and manage escrow accounts during real estate transactions. Key services include contract negotiation, dispute resolution, and tailored investment strategies for portfolio management. Financial aspects cover tax implications, estate planning, retirement planning, taxdeferred exchanges, capital gains, tax deductions, and maintaining positive cash flow for sustained returns.

How is this Residential Real Estate Industry segmented?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period. The sales segment dominates the global residential real estate market and will continue to dominate during the forecast period. The sales segment includes the sale of any property that is majorly used for residential purposes, such as single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences. With the growing population and urbanization, the demand for homes is also increasing, which is the major factor driving the growth of the sales segment. Moreover, real estate firms work with developers to sel

Malaysia Property Sales: Terengganu: Development Land data was reported at 69.329 MYR mn in Mar 2018. This records an increase from the previous number of 56.768 MYR mn for Dec 2017. Malaysia Property Sales: Terengganu: Development Land data is updated quarterly, averaging 55.970 MYR mn from Mar 2002 (Median) to Mar 2018, with 65 observations. The data reached an all-time high of 105.590 MYR mn in Dec 2012 and a record low of 10.460 MYR mn in Dec 2002. Malaysia Property Sales: Terengganu: Development Land 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.EB008: Property Sales: Value: by Type of Property.

Malaysia Number of Property Sales: Johor: Commercial: Below 50000 RM data was reported at 80.000 Unit in 2017. This records an increase from the previous number of 33.000 Unit for 2016. Malaysia Number of Property Sales: Johor: Commercial: Below 50000 RM data is updated yearly, averaging 69.000 Unit from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 146.000 Unit in 2012 and a record low of 33.000 Unit in 2016. Malaysia Number of Property Sales: Johor: Commercial: Below 50000 RM 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: Annual.

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.

Malaysia BTS: Expectation: Real Estate: Average Selling Price data was reported at 0.000 % in Jun 2018. This records an increase from the previous number of -9.091 % for Mar 2018. Malaysia BTS: Expectation: Real Estate: Average Selling Price data is updated quarterly, averaging -10.095 % from Mar 2012 (Median) to Jun 2018, with 26 observations. The data reached an all-time high of 41.700 % in Sep 2017 and a record low of -50.000 % in Dec 2015. Malaysia BTS: Expectation: Real Estate: Average Selling Price data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.S009: Business Tendency Survey: Expectation: By Industry.