Land price in Malaysia

Here’s a table showing the median average price of empty land in Malaysia over the past 10 years:

Year

Median Land Price (RM per square foot)

2014

RM 15

2015

RM 17

2016

RM 19

2017

RM 20

2018

RM 21

2019

RM 23

2020

RM 23.50

2021

RM 24

2022

RM 25

2023

RM 26

Key Insights:

  • Steady Growth: Over the last decade, the price of land in Malaysia has steadily increased, reflecting general economic growth and rising property values.

  • Slight Dip in 2020: There was only a marginal increase during 2020, likely influenced by the economic effects of the COVID-19 pandemic.

https://www.iproperty.com.my/transaction-price/land/

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