Malaysia real estate market — prices, rental yield and trend
- 12-month price change (USD): 5%
- Transaction cost: 5.7%
- Bubble-risk band: moderate
- Price basis: national average
Malaysia is one of the 123 property markets Glopra tracks.
What a buyer pays in Malaysia
Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 5.7% of the price here. That is below the 10.2% median across the set, which shortens the time it takes for a purchase to break even.
What it earns
We publish a price for Malaysia but no rental yield. No public rent figure exists for this market at the same geographic level and from the same source as the price, and we do not estimate one: a yield built from two unrelated sources would describe no real property.
How the tax works. Flat 30% for a non-resident individual on net rental income with no personal reliefs and no tax-free band (Income Tax Act 1967 § 4(d), Schedule 1 Part II); with no expenses claimed, net equals gross. There is no withholding on rent in Malaysia; the owner self-assesses on Form M. Source: PwC Malaysia.
Where the price sits against its own history
Prices are +20.3% over five years and +38.7% over ten in local terms. Today’s level is within 12.7% of the country’s own long-run trend, so the price is close to where its own history would put it. Glopra’s bubble-risk score for Malaysia is 53 out of 100 — moderate risk. Of the 58 markets scored, 38 read higher.
Malaysia house price index, 2016–2026 (2016 = 100)
| Year | Index |
|---|---|
| 2016 | 100 |
| 2017 | 106.5 |
| 2018 | 110 |
| 2019 | 112.5 |
| 2020 | 113.8 |
| 2021 | 115.1 |
| 2022 | 119.2 |
| 2023 | 124 |
| 2024 | 129.1 |
| 2025 | 132.7 |
| 2026 | 133.6 |
Rebased to 100 in 2016, the index stands at 133.6 in 2026. The series is in local currency, and the twelve-month numbers above show how much of that a dollar buyer actually keeps.
Who can buy in Malaysia
Freehold, subject to a minimum price and state approval. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
How this figure is built
The price figure for Malaysia is built from recorded transaction prices. It was last refreshed on 2026-09-22. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: NAPIC Q1 2026 via IQI · iqiglobal.com · rummah.my · edgeprop.my · globalpropertyguide.com. Snapshot: 2026-09-22.
Latest Malaysia market analysis
- Malaysia's Unsold Completed Homes Climb to 33,094 in the First Half of 2026 — 2026-09-13
- Malaysia Keeps Its Policy Rate at 2.75% While House Prices Sit Almost Still — 2026-09-05
- Malaysian Household Lending Slowed to 5.3% in Q2 Even as Growth Hit 6% — 2026-08-17
- Sime Darby Pays RM418.5m for 557 Acres Inside Johor's Singapore Border Zone — 2026-08-14
- Malaysia's New Housing Policy Brings a Tenancy Act and Build-Then-Sell by 2035 — 2026-08-12