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Malaysia Property Market Report — Q2 2026

Median transacted prices across 14 states, from 120,147 JPPH-recorded sales. Data current to May 2026.

Summary

Median transacted property prices in Malaysia range from RM 282,300 in Perlis to RM 740,000 in Kuala Lumpur, with a midpoint across the 14 states of RM 330,000. These figures come from 120,147 sales recorded by JPPH/NAPIC in the trailing window to May 2026 — actual transacted prices, not listing asking prices. Of the 14 states with enough volume for a year-on-year comparison, 6 show a higher median than the prior year.

Median transacted price by state

Ranked by median transacted price. Click a state for district and area breakdowns.

StateMedian priceMedian psfTransactionsYoY
Kuala LumpurRM 740,000RM 61412,109−9.6%
PutrajayaRM 630,000RM 491219−8.9%
SelangorRM 480,000RM 40827,974+3.3%
JohorRM 480,000RM 38623,371−7.8%
PenangRM 370,000RM 3957,825−4.0%
SabahRM 350,000RM 3764,115+0.0%
Negeri SembilanRM 340,000RM 3147,755−5.7%
KelantanRM 320,000RM 3002,733+0.0%
TerengganuRM 310,000RM 2853,196+8.0%
MelakaRM 303,000RM 2776,695+3.3%
PerakRM 298,000RM 26511,448+2.8%
KedahRM 288,610RM 3067,104−2.1%
PahangRM 285,000RM 2785,212+3.6%
PerlisRM 282,300RM 279391+10.3%

Malaysia property prices: common questions

What is the median property price in Malaysia?
Across the 14 states covered by JPPH transaction records on Rummah, state median transacted prices range from RM 282,300 in Perlis to RM 740,000 in Kuala Lumpur, with a midpoint of RM 330,000. These are prices properties actually sold for, recorded by JPPH/NAPIC, not asking prices. Data current to May 2026.
Which Malaysian state has the most expensive property?
Kuala Lumpur has the highest median transacted price at RM 740,000, based on 12,109 recorded sales in the trailing window to May 2026. Perlis has the lowest at RM 282,300.
Are Malaysian property prices rising or falling?
Of the 14 states with enough transaction volume to compute a reliable year-on-year comparison, 6 recorded a higher median transacted price than the previous year and 8 recorded the same or lower. Year-on-year direction varies by state and property class — see the table below for each state.
Where does this property price data come from?
All figures come from JPPH (Jabatan Penilaian dan Perkhidmatan Harta) / NAPIC transaction records — the Malaysian government valuation department's register of actual property sales. Rummah aggregates these into medians by state, district and area. Asking prices on listing portals typically sit above transacted prices, which is why the two differ.
How current is this data?
This report reflects transactions recorded up to May 2026. JPPH records lag the actual sale because a transaction is registered after the transfer completes, so the most recent months are always the thinnest and firm up over time.

Go deeper

Source: JPPH / NAPIC transaction records, aggregated by Rummah. Figures are medians of recorded transactions in the trailing window ending May 2026 and exclude transfers without a recorded consideration. JPPH registers a sale after the transfer completes, so recent months are thinner and revise upward over time. Reproduction is permitted with attribution to Rummah.my and JPPH. Data compiled Aug 2026.