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.