Malaysian House Price Index (MHPI) 2021

Growth of Malaysia House Price Index MHPI

Below we share in details the highlights of the Malaysian housing index

Malaysian House Price Index (MHPI):

  • In 2Q 2021, growth of the preliminary Malaysian House Price Index (MHPI) dipped into the negative territory, recording a small contraction of 1.2% (1Q 2021: 0.7%).
    • In the first half of 2021, MHPI growth moderated to -0.3% (2H 2020: 0.7%; 1H 2020: 1.7%).
  • This was driven by the decline in prices across all types of properties during the quarter, except for terraced house, which recorded a small positive growth of 0.9%.
  • By state, the annual decline in MHPI was observed across major states, in particular Kuala Lumpur (-5.2%), Selangor (-1.6%) and Penang (-1.5%).
Growth of Malaysian House Price Index
Source: National Property Information Centre (NAPIC)
MHPI Growth by Selected States
Source: National Property Information Centre (NAPIC)


  1. Based on historical trends, the final MHPI estimates may be revised upwards to reflect additional data submissions for the quarter.

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