New Residential Property Launches
Highlights
    In 2018, total launches amounted to 73,931 units, a 5% decline compared to 2017.
    In 1Q 2019, preliminary new residential property launches amounted to 5,249 units, substantially below the quarterly average of 18,113 units from 2013-2018.
    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.
    Nevertheless, by price, the share of launches priced below RM300,000 has increased to 44% in 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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