MALAYSIA’S property market recorded 187,320 transactions worth RM105.12 billion in the first half of 2026, underscoring its resilience despite marginal adjustments in the market, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
He said the market continued to be supported by stable transaction volumes and price movements, as well as active construction activity.
“This stability is influenced by the country’s monetary policy, with the Overnight Policy Rate (OPR) maintained at 2.75 per cent, thereby giving confidence to financiers and buyers,” he said.
He was speaking at the launch of the First Half 2026 Property Market Report in Kajang today.
Amir said 27,832 new residential units were launched during the period, recording a sales performance of 16.6 per cent.
The Malaysian House Price Index stood at 234.7 points, with the average house price at RM506,317 per unit.
“The commercial property market also supported this macroeconomic resilience, with the overall average occupancy rate for purpose-built offices (private and government) increasing to 78.5 per cent in the first half of 2026,” he added.
Amir said the overall occupancy rate for business complexes remained stable at 77.9 per cent nationwide.
The industrial property segment also expanded by 3.8 per cent, recording 3,932 transactions worth RM14.78 billion.
“This development is in line with the robust growth of the country’s manufacturing sector, which expanded by 7.3 per cent in the second quarter of 2026,” he said.
He added the strengthening of high-technology, artificial intelligence-oriented electrical and electronics industries, coupled with major investments in data centre operations, had driven direct demand for factories and industrial land plots. - September 10, 2026