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UNSOLD HOMES

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Loan rejection, high prices, unreleased bumi units drive unsold homes

Nearly 60% of property developers surveyed by the Real Estate and Housing Developers’ Association Malaysia (Rehda) reported having unsold completed residential units as of June 30, 2026, with rejected end-financing applications, property prices and unreleased Bumiputera units cited as the main factors. The findings were revealed during the media briefing ... Read More
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Penang ranked 4th as unsold homes nationwide exceed RM13.9 billion

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