MELAKA, July 17 ( Bernama) -- The Melaka government is taking the issue of unsold completed residential units seriously, with 2,065 units worth an estimated RM696.62 million currently remaining on the market.
Deputy chairman of the State Housing, Local Government, Drainage, Climate Change and Disaster Management Committee, Datuk Zulkiflee Mohd Zin, said that while the number remains manageable compared with some other states, the government cannot afford to be complacent.
According to the National Property Information Centre (NAPIC) report for the first quarter of 2026, a total of 32,801 completed residential units remained unsold nationwide.
"Housing developers in Melaka should not build homes based solely on assumptions or the pursuit of short-term profits.
“Housing development must be guided by market demand, the actual needs of the people and their purchasing power," he said when launching the Melaka State Affordable Housing Expo 2026 at AEON Mall Bandaraya here today.
Zulkiflee also urged developers to build homes that meet the needs of the people, are located in strategic and accessible areas, and are priced within the reach of prospective buyers.
He said the Melaka State Affordable Housing Expo 2026 serves as a strategic platform that brings together government agencies, developers, financial institutions and homebuyers to address housing challenges and encourage greater home ownership.
Throughout the six-day expo, which begins today, 1,800 housing units with a combined gross development value of approximately RM378 million are being offered to the public.
The properties comprise Low-Cost Housing, Low-Medium Cost Housing, Rumah Impian A and Rumah Impian B units.
Meanwhile, Zulkiflee said the state government aims to raise Melaka's home ownership rate to 88 per cent by 2030.
To achieve the target, he said, at least 4,191 housing units will need to be developed each year.
"Although the target is ambitious, it is achievable if the government, developers, financial institutions and the public work together towards a common goal," he said.
He added that the state government remains committed to ensuring housing prices in Melaka stay relevant, reasonable and affordable to improve the well-being of the people.
According to the National Property Information Centre (NAPIC) report for the first quarter of 2026, a total of 32,801 completed residential units remained unsold nationwide.
"Housing developers in Melaka should not build homes based solely on assumptions or the pursuit of short-term profits.
“Housing development must be guided by market demand, the actual needs of the people and their purchasing power," he said when launching the Melaka State Affordable Housing Expo 2026 at AEON Mall Bandaraya here today.
Zulkiflee also urged developers to build homes that meet the needs of the people, are located in strategic and accessible areas, and are priced within the reach of prospective buyers.
He said the Melaka State Affordable Housing Expo 2026 serves as a strategic platform that brings together government agencies, developers, financial institutions and homebuyers to address housing challenges and encourage greater home ownership.
Throughout the six-day expo, which begins today, 1,800 housing units with a combined gross development value of approximately RM378 million are being offered to the public.
The properties comprise Low-Cost Housing, Low-Medium Cost Housing, Rumah Impian A and Rumah Impian B units.
Meanwhile, Zulkiflee said the state government aims to raise Melaka's home ownership rate to 88 per cent by 2030.
To achieve the target, he said, at least 4,191 housing units will need to be developed each year.
"Although the target is ambitious, it is achievable if the government, developers, financial institutions and the public work together towards a common goal," he said.
He added that the state government remains committed to ensuring housing prices in Melaka stay relevant, reasonable and affordable to improve the well-being of the people.