Property overhang under control, says ministry

Official data: Housing and Local Government Minister Nga Kor Ming (centre) chairing a meeting. According to Napic data, the number of unsold houses as of the first quarter of 2025 amounted to 23,515 units.

IPOH: The number of overhang housing properties nationwide is manageable, says the Housing and Local Government Ministry, rubbishing a report alleging thousands of unsold units.

A spokesperson from the ministry said that the national housing market is still stable and under control, while dismissing a report that there were over 100,000 units of unsold houses nationwide.