As of late 2024, Malaysia recorded a total of 23,149 completed residential units worth RM13.94 billion that remain unsold, according to the 2024 National Property Market Report released recently. A significant portion of these units—over 60%—comprise condominiums and apartments, while 13.8% are double-storey terrace houses. In terms of pricing, the ... Read More

The local property sector is expected to record moderate growth in 2025, with projected sales totalling RM21.5bil, amid heightened uncertainty stemming from potential risks associated with both current and former US presidents, Joe Biden and Donald Trump. Investor concerns over the artificial intelligence diffusion policies introduced under the Biden administration ... Read More

Penang recorded 2,400 unsold residential units in the first half of 2024 (1H2024), placing it fourth among states with the highest property overhang, according to the National Property Information Centre's (Napic) report. The total value of unsold units in Penang amounted to RM2.02 billion, reflecting the ongoing challenges in the ... Read More