KPKT develops shared housing data repository to tackle supply-demand mismatch
Malaysia's Housing and Local Government Ministry is building a centralised housing data repository under the 13th Malaysia Plan to help states and local authorities match development with local demand. The move comes as completed unsold residential stock reached 33,094 units worth RM17.78 billion in
PETALING JAYA (Nov 12): The Ministry of Housing and Local Government (KPKT) is developing a shared housing data repository to help states and local authorities better match development with local demand, while avoiding the cost of requiring every developer to commission a separate market study.
Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu said the initiative, being developed under the 13th Malaysia Plan, would consolidate information on housing supply, demand, affordability, household income, prices and unsold stock by locality, Bernama reported on Thursday (Nov 12). The centralised analyses would support planning decisions by state governments and local authorities. She cautioned that imposing additional study requirements across the board could raise compliance costs, particularly for small and medium-sized developers, and ultimately affect house prices.
Aiman Athirah was responding during the Dewan Rakyat’s oral question-and-answer session on Thursday to Mohd Hasnizan Harun (PN-Hulu Selangor), who asked whether studies of actual demand and affordability should be mandatory before housing projects are approved.
Completed but unsold residential stock stood at 33,094 units worth about RM17.8 billion in the second quarter of 2026, up 8.6% from 30,471 units worth RM17.73 billion at end-2025. She attributed the increase to a mismatch between supply and actual demand, involving prices relative to household incomes, development locations, housing types and unit specifications.
The National Property Information Centre’s (Napic) first-half 2026 Property Market Status Report puts the stock’s value at RM17.78 billion. Compared with the corresponding period of 2025, the number of units increased 23%. Homes priced at RM300,000 and below accounted for the largest share, at 12,340 units or 37.3%. Properties priced above RM500,000 made up 35.1%, while those between RM300,001 and RM500,000 accounted for 27.6%. Johor recorded the highest number of completed unsold residential units at 4,222, followed by Selangor with 4,185 and Perak with 4,075. Condominiums and apartments accounted for 42.8% of the national total, followed by terraced houses at 34.9%.
The ministry had also highlighted the mismatch in an earlier written parliamentary reply. Oriental Daily reported on Nov 5 that KPKT intended to use data to guide more targeted housing development under the National Housing Policy 2026–2035, taking account of local incomes, housing needs and market demand.
Separately, RTM reported that KPKT was exploring strategic partnerships to expand rent-to-own arrangements. The ministry was open to working with private developers and financial institutions to include completed unsold homes in such arrangements, The Star reported in its coverage of Thursday’s parliamentary proceedings. Aiman Athirah said this could provide a more flexible, gradual route to ownership for households not yet eligible for conventional housing loans. However, any arrangement would depend on property prices, location, market demand and commercial viability, she said.
