Kuala Lumpur Real Estate 2025: Surprising Trends, Price Shifts & Bold Outlook
Malaysia’s GDP grew about 5.3% in 2024 and is forecast around 4.5–5% in 2025. In the first nine months of 2024, total property deals nationwide rose 6.2% year-on-year with values up 14.4%. The Tun Razak Exchange (TRX) financial district and the Merdeka 118 mega-tower have reinforced Greater Kuala Lumpur’s status as an economic hub. Knight Frank’s KL prime residences index rose 0.2% year-on-year in Q1 2025, signaling stabilization after volatility. KL average home value was around RM794,000 (about US$180,000) as of end-2024, the highest in Malaysia. KL housing completions surged 42.5% in 2024 to 10,712 units, with over 18,900 new