Property market holds firm with RM105.1b transactions in 1H2026

Malaysia's property market maintained strong activity in the first half of 2026, with 187,320 transactions valued at RM105.12 billion, Finance Minister Amir Hamzah Azizan revealed today. Stable financing conditions, consistent property prices, and robust construction activity contributed to the market's resilience, said Amir at the launch of the First Half 2026 Property Market Report in Kajang.

The stability was bolstered by the nation's monetary policy, with the Overnight Policy Rate (OPR) remaining at 2.75 percent, instilling confidence among financiers and buyers. During the period, 27,832 new residential units were launched, achieving a sales performance of 16.6 percent. The Malaysian House Price Index stood at 234.7 points, with an average house price of RM506,317 per unit.

The commercial property market also played a crucial role in maintaining macroeconomic stability, with the overall average occupancy rate for both private and government-owned offices rising to 78.5 percent in the first half of 2026. The business complex occupancy rate remained stable at 77.9 percent nationwide. The industrial property sector expanded by 3.8 percent, recording 3,932 transactions worth RM14.78 billion.

Amir attributed this growth to the robust expansion of Malaysia's manufacturing sector, which increased by 7.3 percent in the second quarter of 2026. The thriving high-technology, artificial intelligence-driven electrical and electronics industries, along with significant investments in data center operations, were driving direct demand for industrial land plots.