The state of Malaysian housing supply

 

 

 

Definition

• Number of launches comprises properties launched in 3Q2018
• Property overhang comprises units that are completed with the Certificate of Completion and Compliance /Temporary Certificate of Fitness for Occupation (TCF) but remained unsold for more than nine months from the date of launch or after 1st Jan 1997
• Existing stock are units that have been issued with the certificate of fitness (CF) or TCF prior to the review period 
• Incoming supply comprises units where physical construction works are in progress including starts and CF/TCF which have not been issued during the review period
• Planned supply comprises units with building plan approval obtained within a review quarter. The units have not started physical construction works
• Future supply comprises incoming supply and planned supply

(Source:NAPIC)