KUALA LUMPUR (June 22): Malaysia’s average subsale property price increased 4.8% year-on-year to RM545,059 in the first quarter of 2026 (1Q2026), while Kuala Lumpur’s average subsale home price has now surpassed the RM1 million level.
According to IQI’s Residential Subsale Market Report for 1Q2026, the growth reflects continued buyer confidence in the secondary housing market. The report is based on more than 230,000 transactions recorded since 2018.
IQI co-founder and group chief executive officer Kashif Ansari said resale housing demand was particularly strong in the first quarter of the year.
He noted that buyers in Kuala Lumpur, the country’s largest urban resale market, paid about 15% more on average for subsale homes compared to the same period last year. As a result, the average subsale price in the capital has reached RM1.02 million.
Despite rising prices, the data also shows that affordability remains a key factor in the market. Nearly one-quarter of subsale transactions involved homes priced at RM250,000 and below, while about 70% of transactions were for properties priced at RM500,000 and below. This indicates that most buyers are still concentrated in the entry-level and middle-income segments.
At the state level, Selangor—the largest subsale market by transaction volume—remained relatively stable, with average prices holding at around RM559,935 year-on-year.
Meanwhile, Penang and Negeri Sembilan recorded slight declines of 2% and 5% respectively, aligning with a broader market shift toward more affordable housing segments. Negeri Sembilan has also overtaken Melaka as the most affordable among the five major states reviewed, with an average subsale price of RM340,207.
What I learn from this report
Malaysia’s subsale property market is still growing, with average prices up nearly 5% year-on-year.
Kuala Lumpur has crossed the RM1 million average subsale price threshold, showing strong urban property demand.
Buyer confidence remains solid, especially in resale housing transactions.
Most property purchases are still concentrated in affordable and mid-range segments (below RM500,000).
Selangor’s subsale market is stable despite national price increases.
Some states like Penang and Negeri Sembilan are seeing mild price corrections, suggesting a shift toward more affordable housing.
Negeri Sembilan is currently the most affordable major subsale market among the states highlighted.
Yao Mu Realty, based in Kuala Lumpur, Malaysia, specializes in industrial real estate for factories and land, delivering professional and efficient solutions.
Posted by Yao Mu Realty Sdn Bhd on 22 Jun 26
Malaysia