The sticky stats of overhang properties

THERE has been some concern over the recently released statistics by the National Property Information Centre (Napic) for the first half of 2025 (1H25), which saw an increase in unsold completed properties, commonly referred to as overhang properties.

In the residential segment – which in our analysis includes service apartments from the commercial segment as well – total overhang properties rose to 44,794 units worth some RM30.87bil as at the end of 1H25, up from 42,713 units valued at RM29.64bil as at the end of last year, representing an increase of 4.1% in volume and 4.9% in value.