Malaysia’s unsold completed homes rise 8.6pc in H1 2026, but market is resilient, says Finance Minister II
KUALA LUMPUR, Sept 10 — More completed homes and serviced apartments were left unsold in the first half of 2026 co...
In the first half of 2026, Malaysia saw an 8.6% increase in unsold completed homes and serviced apartments, according to the Property Market Report for the First Half of 2026 released by the Valuation and Property Services Department (JPPH). The number of unsold homes rose from 30,471 units to 33,094 units, with their combined value increasing slightly from RM17.73 billion to RM17.78 billion.
Despite this growth, Finance Minister II Datuk Seri Amir Hamzah Azizan stated that the overall property market remained resilient, with 187,320 transactions valued at RM105.12 billion between January and June 2026. Residential properties accounted for 59.3% of all transactions, contributing 44.8% of the total transaction value. High-rise properties made up the largest portion of unsold homes at 43.4%, followed by terraced houses at 34.9%.
About 37.3% of unsold homes were priced at RM300,000 and below. In the serviced apartment sector, there was a sharper increase of 24.7%, with 55.2% of unsold units priced between RM500,001 and RM1 million. Johor had the highest number of unsold completed homes and serviced apartments, followed by Selangor and Penang.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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