What portion of Johor’s 46,539 unsold units are residential?

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Residential Units Constitute 36.9 Per Cent of Johor's Unsold Property Stock

As of June 2019, residential units accounted for 36.9 per cent of the 46,539 unsold properties in Johor, a figure valued at RM30.729 billion. This highlights a significant portion of the state's property market overhang being in the residential sector.
Unsold Properties Valued at RM30.729 Billion

The total value of unsold properties in Johor reached RM30.729 billion, comprising 46,539 units. This substantial figure underscores the extent of the property market glut experienced in the state.
Residential Units Make Up 17,194 of Unsold Stock

Out of the total 46,539 unsold units, 17,194 units were identified as residential properties. The remaining units were categorised as commercial and industrial properties.
Property Glut Attributed to Supply-Demand Mismatch

The oversupply of properties in Johor is attributed to a mismatch between market supply and demand. This imbalance has led to a large volume of unsold inventory across various property types.

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What portion of Johor’s 46,539 unsold units are residential?

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