Malaysia’s residential property market remains under pressure, with over 23,500 completed but unsold units worth around RM15 billion ringgit recorded in the first quarter of 2025. As measures like Penang’s 5% discount and the revised Sales and Service Tax (SST) come into effect, concerns persist over whether these interventions can effectively address the overhang issue. We speak to Dr. Consilz Tan, Research Fellow at the Centre for Market Education, to unpack the implications.

Image Credit: Shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Wong Shou Ning, Shazana Mokhtar, Philip See

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Categories:  markets,  government,  international,  economy,  Law/Activism,  property

Tags:  property,  property overhang,  affordable housing,  residential,