Unsold Residential Properties
Highlights

In 1Q 2019, total unsold residential properties increased to 177,200 units (4Q 2018: 168,261 units). This is twice the average unsold units between 2004 and 2018 (85,720 units).

68% of the total unsold residential units were in the price category of above RM300,000.

By state, Johor has the highest number of unsold units (26% share) in Malaysia, followed by Selangor (20%) and Kuala Lumpur (11%).

By property type, about two-thirds of total unsold units are high-rise properties such as apartments, condominiums and serviced apartments.

 

Source: National Property Information Centre (NAPIC)

Note:

  1. Total unsold residential properties = Overhang + Unsold under Construction (UUC)
  2. Overhang: Unsold properties with Certificate of Completion and Compliance
  3. UUC: Unsold properties under various stages of construction that have not received Certificate of Completion and Compliance
  4. Figures above include Small Office/Home Office (SOHO) and Serviced Apartments

 

Source: National Property Information Centre (NAPIC)

Source: National Property Information Centre (NAPIC)
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