26/02/2026
Malaysia Property Market 2025: The Ultimate Deep Dive for Real Estate Professionals 📊
The Valuation and Property Services Department (JPPH) has released the highly anticipated Property Market 2025 Snapshots.
For PropMall users, raw data is only as good as the insights you extract from it.
To help you position yourself as a trusted, data-driven advisor to your clients, we’ve broken down the comprehensive NAPIC report into actionable insights across all major sectors.
Here is exactly what is happening on the ground in 2025.
📈 1. Market Activity: Value is Outpacing Volume
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While total transaction volume saw a marginal dip of 1.0% (down to 416,413 units), the total transaction value increased by 4.1%, reaching an impressive RM241.87 Billion.
• The Driver: Residential properties remain the bedrock of our market, making up 61.6% of total volume and RM108.27 Billion in value.
• The Shift: Interestingly, transactions for properties priced Below RM300,000 dipped by 1.7%, while the Above RM1 Million segment surged by 10.0%.
• Agent Takeaway: The market is leaning toward higher-value transactions. Buyers with stronger holding power are actively moving capital into premium real estate.
🏠 2. Malaysian House Price Index (MHPI): Steady, Sustainable Growth
Property remains a highly resilient asset class. The national MHPI grew by 2.6%, bringing the average Malaysian house price to RM502,922.
• By Property Type: Terraced houses are leading the charge with a solid 3.3% annual growth. High-rises showed the slowest growth at 0.6%.
• State Champions: Johor is the standout performer with a massive 6.9% year-on-year price growth, followed closely by Kedah (6.2%) and Melaka (5.4%).
• Agent Takeaway: Double down on landed properties if your clients are looking for reliable capital appreciation. If you cover the Southern region, highlight the aggressive growth in Johor to out-of-state investors.
🏗️ 3. New Launches vs. Market Absorption
Developers released 64,487 new residential units to the market, achieving an overall sales performance of 35.5%.
• Where the Action Is: Selangor led with the most new launches (14,358 units), followed by Johor (11,151) and Perak (7,086).
• Price Brackets: The sweet spot for new launches remains in the RM300,001 – RM500,000 range, making up 33.0% of all newly launched units.
🏢 4. The Unsold Inventory Reality Check
As grounded professionals, we must look at both sides of the coin.
• Residential Unsold: Completed unsold residential units jumped by 31.6% to 30,471 units (valued at RM17.73 Billion).
Over 52% of this overhang is actually in landed properties, and 37.7% is priced below RM300,000. Perak, Johor, and Selangor hold the highest volumes.
• Serviced Apartments: On a positive note, the unsold completed Serviced Apartments sector saw a decrease of 4.2% (down to 18,752 units), signaling that the market is slowly absorbing previous oversupply, particularly in places like Johor (which holds the bulk at 9,477 unsold units).
• Agent Takeaway: High inventory means developers are motivated. For buyers looking for competitive packages, direct them toward newly completed but unsold stock in these key states.
🛍️ 5. Commercial Sector: Stability is the Theme
For commercial agents, the data shows resilience in occupancy and modest rental growth.
• Offices: Purpose-Built Office occupancy remains stable at 78.1%.
• Retail: Shopping Complex occupancy slightly improved to 78.9%.
• Rentals: Both the Office Rental Index (PBO-RI) and the Klang Valley Shopping Centre Rental Index (KV SC-RI) showed positive, albeit modest, annual growth (ranging from 0.1% to 0.4%).
The Bottom Line for PropMall Users:
The 2025 market is not about unchecked hype; it is about strategic placement. Prices are rising, but so is localized inventory.
Your clients don't just need access to listings, they need your ability to interpret these numbers. Ground your advice in facts, align expectations with actual market absorption rates, and you will close deals built on trust.
Stay sharp. Keep closing.
Data Source: NAPIC Property Market Report 2025
