low prices condo
Asked 4 Nov 2026 · 1 answer
AI Answer · Live market data
Median condo price
RM 350,000 - RM 450,000
Malaysia (national)
National median; varies widely by state and project
Asking price
RM 250 - RM 450 psf
Johor (incl. Johor Bahru)
Cheapest psf among major states; JB ~RM350 psf but high condo overhang
Asking price
RM 300 - RM 500 psf
Selangor
Mid-range psf; secondary locations offer lower entry prices
Most active price band
MYR 300,000 and below
Malaysia (national)
27,209 transactions in Q1 2026 — over half of all residential deals
Condo prices in Malaysia are not one number — they vary hugely by state and sub-area, so "low price" depends on where you look.
Nationally, the median condo price is around RM350,000–450,000 [1]. By state, asking levels sit roughly at: Kuala Lumpur RM500–800 psf (city centre trades at RM800+ psf), Selangor RM300–500 psf, Johor RM250–450 psf and Penang RM400–700 psf [1]. On a psf basis, Johor is currently the cheapest of these major markets — a comparable-quality condo in Johor Bahru might be around RM350 psf versus RM800+ psf in KL city centre [1].
If your budget is tight, the most active price band nationally in Q1 2026 was housing at MYR 300,000 and below, which accounted for 27,209 transactions — more than half of all residential deals that quarter [2]. That tells you where the deepest supply of affordable stock sits.
One caution on Johor: it also carries Malaysia's highest residential overhang by value at RM2.83 billion, concentrated in condominiums, with transaction volumes down 77% year-on-year in some areas [3]. Cheap asking prices there can reflect genuine oversupply rather than bargains — check rental demand and occupancy before buying.
For context, the national average house price (all residential types, not just condos) was RM507,533 in Q1 2026 [4].
As a general guide: if you want the lowest entry price, look at smaller cities and secondary locations in Selangor and Johor, and at sub-RM300,000 units; if you want the lowest psf in a major city, Johor Bahru is the standout [1][2]. Always verify with actual listings and subsale transactions for the specific project, as prices vary by unit, floor and condition. I'm Sonny Koo — happy to shortlist specific low-entry projects for you.