Property in Malaysia: prices, rules and offers
A property in Malaysia costs from about RM 300,000 for a new condominium in Selangor to RM 500,000 or more for a landed home, and the average listed price for sale is about RM 481,621. For current prices in your city, post a request on BlaBlaPrice and get offers from local sellers.
Approximate prices in Malaysia, November 2026 (sellers' websites)| Type | Location | Price (RM) |
|---|
| Average listed price for sale | Malaysia | RM 481,621 |
| Average house price, Q1 2026 | Malaysia | RM 507,533 |
| New condominium | Selangor | RM 300,000–400,000 |
| New landed property | Selangor | RM 500,000–600,000 |
Costs on top of the price
Buying brings costs beyond the price. For a RM 500,000 purchase, one guide puts stamp duty, legal fees, service tax, valuation and disbursements at about RM 26,600 at signing, on top of a RM 50,000 down payment. The government valuation fee schedule sets a minimum of RM 400 per property. The regulated maximum agent commission is 3% of the sale price, and up to one month's rent for a rental.
Rules for renting out
For standard long-term residential letting there is no mandatory landlord licence or registration at national level, according to a letting guide. Short-stay letting is different: licence fees apply to short-stay operators in some places, so check the rules where the property is before you rent it out by the night.
Season and the climate
Malaysia has no winter, so property demand does not follow the cold months as it might in Europe. The climate is hot all year with a wet and a dry season. Viewings are easier in the drier weeks, and in the wet season it is worth checking roofs, drains and walls for damp before you agree on a price.
How prices vary and what to ask for
Prices depend on location, size and condition, so a home in Johor Bahru or Ipoh can cost very differently from one in Kuala Lumpur. Ask for the size in square metres, since some listings use square feet. In your request, say whether you want to buy or rent, the city or district, your budget in RM, the number of bedrooms and the property type, such as a condominium, terrace house or landed home. The AI asks for anything missing, so you do not need every detail at the start.
Post your request on BlaBlaPrice: it is free for buyers. The AI reads it, looks through sellers' websites and price lists in Malaysia and shows the prices and businesses it found. Sellers registered on BlaBlaPrice reply in the chat with their own offer, and your contacts stay hidden until you decide to exchange them. For a narrower search, see Apartments, Houses or Land.
Questions and answers
How much does a property cost in Malaysia?
The average listed price for sale is about RM 481,621, and new condominiums in Selangor are often RM 300,000–400,000. New landed homes in Selangor are listed from RM 500,000, and prices vary by location, size and condition.
Do I need a landlord licence to rent out a home for the long term?
Not at national level for standard long-term residential letting, according to a letting guide. Short-stay rentals can need a licence and fees in some places.
What extra costs should I expect when buying?
On a RM 500,000 purchase, stamp duty, legal fees, service tax, valuation and disbursements come to about RM 26,600 at signing, plus the RM 50,000 down payment.
Is the agent fee fixed?
The regulated maximum is 3% of the sale price for a sale and up to one month's rent for a rental. Ask the agent to put the fee in writing before you agree.
