Malaysia House Price Index

Malaysia's House Price Index fell by 1.8% in Q4 2024 to 224 Index. This quarterly decrease follows a 2.01% inflation-adjusted drop in the same quarter and a 2% fall in terraced house prices. Detached house prices declined by 2.8% quarter-on-quarter. Sale demand also dropped by 7.4%, possibly due to higher prices and interest rates. This quarterly dip contrasts with a 1.4% annual growth for 2024 and increased property transactions for the full year. Malaysia's record low house price index was 160.2 in Q1 2015 and record high was 228 in Q3 2024.

Quarterly Historical Data (2015-2024)

(in Index)

Quarter	House Price Index (Index)
Q4 2024	224
Q3 2024	228
Q2 2024	225.7
Q1 2024	223.4
Q4 2023	221.1
Q3 2023	219.4
Q2 2023	216.8
Q1 2023	215.8
Q4 2022	213
Q3 2022	212.4
Q2 2022	207.8
Q1 2022	205.9
Q4 2021	205
Q3 2021	202
Q2 2021	202.5
Q1 2021	201.1
Q4 2020	201.2
Q3 2020	199.9
Q2 2020	200.4
Q1 2020	199.7
Q4 2019	198.8
Q3 2019	199.5
Q2 2019	197.6
Q1 2019	196
Q4 2018	195.3
Q3 2018	195.3
Q2 2018	193.1
Q1 2018	191.2
Q4 2017	190.5
Q3 2017	190.1
Q2 2017	186.3
Q1 2017	183.3
Q4 2016	179.5
Q3 2016	178.5
Q2 2016	174.4
Q1 2016	171.8
Q4 2015	167.8
Q3 2015	167.1
Q2 2015	162.8
Q1 2015	160.2

Malaysia House Price Index : Definition

The Malaysia House Price Index measures relative changes in residential property prices nationwide, using a base year index of 100. Calculated from land registry transaction data, it weights prices by property type and location to show average price level shifts in Ringgit Malaysia.