Unsold Residential Properties
Highlights

As at 3Q 2020, total unsold residential properties stood at 170,966 units (2Q 2020: 169,896 units). This is more than twice the average unsold units from 2004 to 2015 (71,472 units).

75% of the total unsold residential units were in the price category of above RM300,000.

By state, Johor has the highest number of unsold units (25% share) in Malaysia, followed by Kuala Lumpur (18%) and Selangor (17%).

By property type, more than two-thirds (71%) of total unsold units are high-rise properties such as apartments, condominiums and serviced apartments.

The increase of 1,070 unsold units in 3Q 2020 was mainly from the price category of RM500,000 – RM1,000,000.

 

Source: National Property Information Centre (NAPIC)

Note:

  1. Total unsold residential properties = Overhang + Unsold under Construction (UUC)
  2. Overhang: Unsold properties with Certificate of Completion and Compliance
  3. UUC: Unsold properties under various stages of construction that have not received Certificate of Completion and Compliance
  4. Figures above include Small Office/Home Office (SOHO) and Serviced Apartments

 

Source: National Property Information Centre (NAPIC)

Source: National Property Information Centre (NAPIC)