Malaysia recorded 187,320 property transactions worth RM105.12 billion in the first half of 2026, but unsold completed homes rose 8.6% to 33,094 units, according to official figures reported at the launch of the half-year market report.

TL;DR

  • Market volume: 187,320 transactions worth RM105.12 billion in H1 2026, of which residential was 110,998 deals worth RM47.11 billion.
  • The average house price was RM506,317 per unit, up 0.9% year on year.
  • Unsold completed homes rose 8.6% from 30,471 (H2 2025) to 33,094 units worth RM17.78 billion, with Johor holding the most (4,222 units).

What does Malaysia's H1 2026 property report show?

The figures come from the Property Market Report for the first half of 2026, produced by the Valuation and Property Services Department (JPPH) and its National Property Information Centre (NAPIC). Finance Minister II Amir Hamzah Azizan launched it on 10 September 2026, and Bernama (via The Star) and Malay Mail reported the numbers. Across all property types, Malaysia logged 187,320 transactions worth RM105.12 billion. Residential made up 59.3% of volume and 44.8% of value. The Malaysia House Price Index stood at 234.7 points, with the average house price at RM506,317, up 0.9% annually. Industrial transactions numbered 3,932, worth RM14.78 billion.

How many homes are unsold, and where?

Unsold completed homes reached 33,094 units worth RM17.78 billion, up 8.6% from 30,471 units in H2 2025, while value barely moved from RM17.73 billion, according to Malay Mail. Johor had the most, at 4,222 units. High-rise units were 43.4% of the total and terraced houses 34.9%, and 37.3% were priced at RM300,000 or below.

Serviced apartments, which the report counts as commercial property, rose faster: unsold units climbed 24.7% from 18,752 to 23,375, valued at RM19.33 billion. Johor again led with 9,946 units, and 71.1% of unsold serviced apartments were launched six to ten years ago.

What is new supply doing?

There were 27,832 new residential units launched, with a reported sales performance of 16.6%. Selangor led launches with 8,354 units, followed by Johor with 6,697 and Penang with 2,878. The largest price band for launches was RM500,001 to RM1 million, with 10,853 units, or 39% of the total.

What did the government say?

Amir Hamzah described the market as steady, acknowledged "some marginal adjustments", and linked stability to the overnight policy rate being held at 2.75%. He expects low unemployment and rising wages to support demand in the second half. These are the minister's views, not independent analysis. For context, Malaysia's GDP grew 6.0% in Q2 2026, per the same report coverage.

Why does it matter for regional property watchers?

Rising unsold stock alongside 0.9% price growth points to a market where supply is not clearing evenly, particularly in Johor serviced apartments. Readers comparing markets should note the periods differ: our coverage of Singapore's new home sales, Hong Kong's August price moves and a Malaysian developer's record Sin Ming bid shows how varied the region is. This is market information, not investment or property advice.

What is not confirmed?

We did not open the JPPH report itself, so figures rely on press coverage of the launch. The reports do not explain why unsold stock rose, and The Star's coverage does not make the baseline for its unsold comparison clear. "Sales performance" of 16.6% is not defined in the coverage.

Frequently Asked Questions

How many property transactions did Malaysia record in H1 2026?

187,320 transactions worth RM105.12 billion, according to the JPPH report as reported.

How many unsold completed homes are there in Malaysia?

33,094 units worth RM17.78 billion, up 8.6% from H2 2025, with Johor holding the most at 4,222 units.

What is the average house price in Malaysia?

RM506,317 per unit in H1 2026, up 0.9% year on year.

Sources and Method

Compiled from The Star (Bernama), 10 September 2026; Malay Mail, 10 September 2026; and Streamline's summary of the JPPH Property Market Report H1 2026. Figures are as reported and were not independently verified. This article is an original rewrite and not property or financial advice.