Written by Muhazrol Muhamad, GVP, Head of Bumiputra Segment
The latest NAPIC Q1 2025 Snapshot shows that affordable housing continues to dominate Malaysia’s new residential supply.
In the first quarter of 2025, 12,498 new residential units were launched nationwide. Of this total, a significant 22.5% (2,809
units) were priced below RM300,000, while 42.8% (5,350 units) fell in the RM300,001 to RM500,000 range. Combined, this means that 65.3% of all new launches were priced under RM500,000, clearly showing that affordable options remain widely
available.
Price Is Not the Main Barrier
For years, many first-time buyers and young families have cited high prices as the primary obstacle to homeownership. But with nearly 2,800 units launched under RM300,000 and more than 5,000 under RM500,000, the evidence shows that affordable homeownership is well within reach.
Where Are These Homes Being Launched?
The top three states with the most new residential launches in Q1 2025 were:
– Johor: 3,194 units
– Selangor: 2,129 units
– Negeri Sembilan: 1,838 units
These are not fringe or rural areas—they are active growth zones with expanding infrastructure and vibrant job markets.
What Else Does the Data Show?
Of the total launches:
– 72.8% (9,102 units) were landed homes
– 27.2% (3,396 units) were high-rise properties
Malaysian buyers have long shown a strong preference for landed homes over high-rise living. With nearly three-quarters of all new launches being landed units, the good news is that these preferred options are still widely available.
Final Thoughts
The first quarter of 2025 confirms one thing: affordable homes are out there, but they won’t last forever. With construction costs rising and demand building up, prices may not remain this accessible.
