Malaysia reports 32,801 unsold residential units valued at RM16.37 billion in Q1 2026, highlighting persistent housing supply-demand mismatch.
PETALING JAYA: Malaysia recorded 32,801 completed but unsold residential units worth RM16.37 billion in the first quarter of 2026, underscoring the continued mismatch between housing supply and market demand, the Dewan Rakyat was told today.
Deputy Housing and Local Government Minister Datuk Hajah Aiman Athirah Sabu said the Madani Government remains committed to ensuring Malaysians have access to safe, quality and affordable housing while addressing structural imbalances in the property market.
She was responding to a question from Datuk Willie Mongin (GPS–Puncak Borneo), who asked about the number of unsold affordable homes by state and price category, as well as home ownership rates among Malaysians aged below 35.
“Based on data from the National Property Information Centre (NAPIC), 15,401 units, or 46.9%, of unsold homes are priced at RM300,000 and below, while the remaining 53.1% are priced above RM300,000.
“Although a significant portion falls within the affordable segment, the overall value of unsold properties is largely driven by higher-priced developments, indicating a broader imbalance across market segments,” she said.
Aiman Athirah said the figures showed that the overhang issue is not limited to affordable housing but reflects wider supply and demand mismatches across the residential property market.
On home ownership among Malaysians under 35, she said detailed data by age, state and parliamentary constituency is currently unavailable.
She explained that statistics compiled by the Department of Statistics Malaysia (DOSM) through the Household Income and Expenditure Survey (HIES) are categorised by income groups and locality rather than age.
“According to HIES 2024, home ownership among lower-income households (D1–D4) stands at 76.3%.
“Income deciles classify households into three broad categories, with D1–D4 representing lower-income groups, D5–D8 middle-income groups, and D9–D10 high-income groups,” she said.
Acknowledging the challenges faced by young Malaysians and first-time homebuyers, Aiman Athirah said the government is developing a centralised national housing data repository under the 13th Malaysia Plan (13MP).
She said the initiative is intended to strengthen housing planning and support more accurate, data-driven policymaking, particularly in identifying the housing needs of youth and new entrants to the property market.
The ministry, she added, will continue strengthening initiatives to improve access to affordable housing, especially for young people, first-time buyers and lower-income households.
Under the upcoming National Housing Policy, the government will focus on aligning housing supply with demand, strengthening housing financing systems, improving integrated housing data infrastructure and reducing market imbalances.
Aiman Athirah said the Madani Government remains committed to the principles of “Humanising Housing” and “Shelter for All”, ensuring every Malaysian has access to quality, safe, inclusive and affordable homes.
