Perak government orders REHDA study into thousands of unsold homes

During a recent Perak Housing and Property Board meeting, the state government directed the local branch of the Real Estate and Housing Developers' Association to examine the 4,075 completed units that have not been sold by the end of June. Sandrea Ng Shy Ching, chair of the State Housing and Local Government Committee, said the research, to be carried out by the REHDA Institute, will identify why these homes remain vacant and recommend ways to address the surplus.

The goal is to tighten approval criteria for new projects in oversupplied districts such as Kinta, Hilir Perak and Sitiawan, each with over 1,000 idle units. Ng noted that large-scale simultaneous launches may have delayed transactions, and she welcomed federal budget proposals for stamp-duty exemptions as a potential boost for sales. The study’s outcomes are expected to help match existing housing stock with unmet demand among residents.