Average Property Price Malaysia 2026

The national median residential property price in Malaysia is RM494,384 as of Q3 2025 — the latest official data from NAPIC (Pusat Maklumat Harta Tanah Negara). This covers all residential property types across all 16 states. Prices range from RM95,000 (low-cost flat) to RM1.2M+ (bungalow).

Kuala Lumpur has the highest median property price at approximately RM680,000. This is driven by high-rise condominiums in KLCC, Bangsar, and Mont Kiara. Penang is second at RM450,000, followed by Selangor at RM360,000.

Kedah consistently records the lowest median property prices among Peninsular states at approximately RM180,000. For East Malaysia, rural areas in Sarawak have properties from RM90,000. Overall, Perlis and Kelantan also have below-average prices.

As of Q3 2025, national property prices are essentially flat at +0.1% year-on-year — a significant cooldown from the +5.5% growth in 2023. The exception is Johor, which grew +4.8% YoY driven by RTS Link demand and Singapore spillover. The overall market has normalised after post-pandemic price spikes.

NAPIC (the National Property Information Centre under the Valuation and Property Services Department) compiles data from actual property transaction records submitted by lawyers and valuers. The median is the middle value of all transactions — not the asking price, but the actual verified sold price. NewProjek's price check tool uses these same 438,000+ NAPIC transaction records.

To afford the national median price of RM494k, assuming a 90% loan at 4.5% interest over 35 years, monthly instalment is approximately RM2,150. Based on the standard 60% DSR (Debt Service Ratio), you need a gross income of RM3,600/month minimum. With other existing debts, most banks would prefer RM5,000–7,000/month for this price range.