KUALA LUMPUR, Sept. 10 (Xinhua) -- Malaysia's property market remained resilient in the first half of 2026, with 187,320 transactions worth 105.12 billion ringgit (about 25.88 billion U.S. dollars), the National Property Information Center (NAPIC) said on Thursday.
Transaction volume and value were slightly lower than the 196,232 transactions worth 107.68 billion ringgit recorded a year earlier.
The period saw stable prices, continued positive construction activity and growth recorded in several subsectors, supported by the country's strong economic fundamentals and government measures to expand access to home ownership, said NAPIC.
The residential subsector continued to dominate the property market in terms of transaction volume, accounting for the largest share at 59.3 percent.
In line with Malaysia's strong economic growth of 6 percent in the second quarter of 2026, the property market is expected to maintain stable performance, said NAPIC.
This positive outlook is supported by stable price trends, active construction activity and transactions in selected subsectors.
However, it noted that the overall market outlook remains exposed to the impact of changes in the external economic environment and constraints on housing affordability.
Despite challenges arising from global geopolitical uncertainties, Malaysia's strong economic fundamentals and the government's continued strategic initiatives are expected to support the property market in maintaining stable momentum, it said. ■