Johor Property Transactions 2026: NAPIC Data and Trends

If you are weighing a JB condo right now, you have probably seen two kinds of headlines: “Johor is booming” and “Johor sales are slowing”. Both can be true at the same time, and the official numbers show why. This guide puts the Johor property transactions data for 2024, 2025 and 2026 in one place, using NAPIC (the National Property Information Centre of JPPH) and named research houses, so you can see what has actually happened to volume, value and prices, and what it means for a buyer looking at the JB city centre near the CIQ and the RTS Link.

We keep to recorded data and say clearly where a figure is preliminary, derived or not yet published. No forecasts, no promises.

Johor property transactions 2026: the headline numbers

The short version: Johor is Malaysia’s second-largest housing market, transaction volume has eased from its 2024 to 2025 peak, and value per deal has kept climbing.

A note on 1H2026: NAPIC released its national first-half 2026 report in September 2026, but at the time of writing we could not find a published Johor-only first-half breakdown from NAPIC or the major media. We will add it when it appears. Until then, 1Q2026 is the latest quarter with a state-level figure.

How does Johor compare with the national market?

Johor punches above its weight on value: it accounts for one in six Malaysian home sales but almost one ringgit in five spent on homes.

The average value per deal is our own division of total value by number of transactions, so treat it as a rough indicator rather than an official price. What it does show is that the typical Johor home sale in 2025 was larger in ringgit terms than the national typical sale, which fits with more high-value deals in and around Johor Bahru.

Nationally, the first half of 2026 brought 187,320 property transactions worth RM105.12 billion, against 196,232 worth RM107.68 billion a year earlier, with residential making up 110,998 deals (59.3% of volume) and RM47.11 billion (44.8% of value), according to NAPIC as reported by The Edge Malaysia. In other words, the 2026 slowdown is broad-based, not a Johor-only story.

What this means for you: Johor’s 55.3% sales performance for new launches in 2025, the best in the country, tells you buyers were still absorbing new projects at a healthy rate even as total volume flattened.

Why did Johor transactions slow in early 2026?

Two specific events explain most of the early-2026 dip: a higher stamp duty for foreign buyers and the state election.

• Foreign-buyer stamp duty. From 1 January 2026 the stamp duty on property transfers to foreigners became a flat 8% under Budget 2026. Industry commentators quoted by NST in June 2026 linked softer demand from Singapore and China buyers in 1Q2026 to this change.
• The July 2026 state election. Buyers often wait for policy clarity around elections. Barisan Nasional won 48 of 56 seats on 11 July 2026, per Bernama, removing that uncertainty.
• A high base. 2024 and the first half of 2025 were Johor’s strongest periods in more than a decade; Rahim & Co described 1H2025 as the state’s highest first-half level since 2010. Any comparison against that base looks weaker.

JLL Malaysia called the 2025 pullback a period of “consolidation”, which is a fair word: volume eased, but prices did not fall.

High-rise and serviced apartment trends in Johor

High-rise homes were the fastest-rising segment in Johor’s price index in 2025, and new launches near Bukit Chagar have pulled average serviced apartment prices higher.

Two cautions keep these numbers honest. First, NAPIC’s “high-rise” category includes low-cost flats across the state, which is why its average price (about RM279,000) sits far below city-centre condo prices. Second, JLL attributes part of the serviced apartment jump to launches of high-end products, so it reflects a change in what was sold as well as a change in prices.

For the completed condos closest to the CIQ and RTS, our own JB condo transaction prices near CIQ dataset shows 788 recorded subsale deals at medians of RM645 to RM1,161 psf, with R&F Princess Cove at RM967 psf for 2026 so far.

Prices: did Johor homes get cheaper as volume fell?

No. NAPIC’s house price index shows Johor prices still rising in 2026, though at a slower pace than in 2025.

• 2025P: Johor index 303.1 points (2010 = 100), average RM472,977, up 6.9% for the year, against 2.6% nationally.
• 1Q2026P: 317.1 points, average RM494,786, up 5.9% year on year.
• 2Q2026P: 313.9 points, average RM489,881, up 3.6% year on year (down 1.0% on the quarter). Nationally the index rose 0.9% year on year.

Fewer deals with steady prices is a pattern of a market pausing rather than one under pressure. Our Johor house price index trend guide sets out the full 15-year series.

What the transaction data means for buyers near the CIQ and RTS

For a buyer looking at the JB city centre, the state data gives context, but the decision rests on location and product.

1. Buyers are selective, not absent. A 55.3% take-up for new launches in 2025 shows demand for projects buyers believe in.
2. The RTS is still ahead of us. RTS Link passenger service is targeted for February 2027 (LTA–MOT joint statement, October 2026), and the fare has not been announced. None of the transaction figures above yet reflects an operating RTS.
3. Value is concentrating. Johor’s higher value per deal and the rise in serviced apartment psf point to more spending on well-located, higher-specification homes.
4. Use project-level data. State averages mix landed homes in Kulai with condos in Bukit Chagar. Use JB condo price psf and the transaction page to compare like with like.

For an under-construction project such as Causewayz Square (often searched as “Exsim CIQ”), about 600 m from the CIQ with a pedestrian link bridge proposed by the developer and completion targeted around 2030, these numbers describe the market it will join, not its price. WhatsApp us for the latest SPA price list.

How to read NAPIC transaction data without being misled

NAPIC data is the most authoritative public record of property sales in Malaysia, but it has a few quirks worth knowing before you draw conclusions from a single number.

• Preliminary figures change. Quarterly numbers marked “P” are revised later. NAPIC’s own index for Johor in 2023 was first reported as +6.2% and now appears as +6.8% in the 2025 report. Small differences between articles are often revisions, not errors.
• Transactions are recorded on transfer. A deal counts when the transfer is registered, which can be months after the buyer agreed to buy. That lag means 2026 numbers still partly reflect decisions made in 2025.
• Volume and value move differently. In 3Q2025, Johor’s volume fell about 17% but value fell only about 6%, because fewer lower-priced deals and more higher-priced deals were recorded.
• State averages hide local stories. Johor includes Kulai, Batu Pahat, Muar and Pasir Gudang as well as Johor Bahru. A state-level dip can sit alongside steady demand in specific JB city-centre buildings.
• New launches are reported separately. Developer launches and their sales performance (Johor: 11,151 units launched in 2025, 55.3% sold) come from a different NAPIC table from transfer-based transactions, so the two should not be added together.

The practical rule: use state data for direction and context, and use project-level transaction records for pricing decisions.

But what if transactions keep falling?

It is a fair worry, so here is how to think about it with data rather than headlines.

• Look at prices and take-up together. Volume can fall because buyers wait, because supply of suitable units is thin, or because policy changed. Falling volume with stable prices and strong take-up is different from falling volume with falling prices.
• Check the overhang by price band. Johor had 3,705 completed unsold homes at end-2025 (NAPIC), with 720 priced above RM1 million. Our JB new housing supply guide explains where the pipeline is.
• Hold for fundamentals. If you buy for own use or rent, the questions that matter are walking distance to the CIQ and RTS, tenant demand and holding costs. Run numbers in the JB property calculator.

Key dates for the next Johor data releases

Each NAPIC release adds evidence; these are the ones to watch.

For the bigger picture, read our JB property market outlook 2027, and for a side-by-side with Singapore, our Singapore vs JB price per sq ft comparison.

Sources

• REHDA Institute: Summary of NAPIC Property Market Report 2025
• NAPIC: Malaysian House Price Index Q1–Q2 2026P
• New Straits Times: State election unlikely to derail Johor home sales (Jun 2026)
• The Star: Johor drives property momentum (Jan 2026)
• EdgeProp: Johor emerges as Malaysia’s second-largest residential market, JLL (Jan 2026)
• EdgeProp: Johor tops residential price increase in 3Q2025, JLL (Nov 2025)
• The Edge Malaysia: NAPIC 1H2026 property market (Sep 2026)
• Bernama: Johor outlook after the state election (Jul 2026)

This guide is general information, not financial advice.