New Residential Property Launches
    New residential property launches amounted to 13,589 units in 2Q 2018, slightly below the quarterly average of 16,676 units between 2010-2016.
    The lower launches may suggest a more cautious stance adopted by property developers in launching new properties amid the elevated levels of unsold properties in the market and election uncertainties.
    Nevertheless, by price, the share of launches priced below RM250,000 has increased to 29% in the first two quarters of 2018. This suggests a gradual rebalancing of supply of housing in the market towards the affordable range.

Source: National Property Information Centre (NAPIC)
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