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Malaysian (KLSE) Real Estate Sector Analysis

UpdatedApr 02, 2026
DataAggregated Company Financials
Companies106
  • 7D-0.002%
  • 3M1.9%
  • 1Y9.5%
  • YTD1.4%

The Real Estate is pretty flat in the last 7 days, but IOI Properties Group Berhad has stood out, gaining 5.2%. As for the the longer term, the industry is up 9.5% over the past 12 months. As for the next few years, earnings are forecast to decline by 3.6% per annum.

Sector Valuation and Performance

Has the Malaysian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026RM 146.8bRM 55.5bRM 11.9b10.4x12.3x2.6x
Sat, 28 Feb 2026RM 155.7bRM 53.4bRM 11.3b11.5x13.8x2.9x
Mon, 26 Jan 2026RM 154.0bRM 53.2bRM 10.7b12.4x14.4x2.9x
Wed, 24 Dec 2025RM 144.1bRM 53.2bRM 10.7b11.9x13.5x2.7x
Fri, 21 Nov 2025RM 139.7bRM 51.7bRM 9.7b12.6x14.4x2.7x
Sun, 19 Oct 2025RM 140.8bRM 51.9bRM 9.4b13.4x15x2.7x
Tue, 16 Sep 2025RM 139.3bRM 52.0bRM 9.5b12.6x14.6x2.7x
Thu, 14 Aug 2025RM 139.6bRM 51.7bRM 10.5b12.5x13.2x2.7x
Sat, 12 Jul 2025RM 140.1bRM 51.8bRM 10.5b13.1x13.4x2.7x
Mon, 09 Jun 2025RM 131.8bRM 51.8bRM 10.6b12x12.5x2.5x
Wed, 07 May 2025RM 134.2bRM 52.7bRM 10.6b12.5x12.6x2.5x
Fri, 04 Apr 2025RM 133.2bRM 52.4bRM 10.8b12.8x12.4x2.5x
Sun, 02 Mar 2025RM 136.0bRM 52.2bRM 10.4b12.6x13.1x2.6x
Tue, 28 Jan 2025RM 136.5bRM 51.4bRM 10.1b12.7x13.6x2.7x
Thu, 26 Dec 2024RM 139.3bRM 51.1bRM 9.7b13.1x14.3x2.7x
Sat, 23 Nov 2024RM 137.5bRM 51.3bRM 9.8b13.9x14x2.7x
Mon, 21 Oct 2024RM 141.9bRM 51.0bRM 10.0b13.4x14.2x2.8x
Wed, 18 Sep 2024RM 135.2bRM 50.6bRM 9.8b13x13.8x2.7x
Fri, 16 Aug 2024RM 132.2bRM 50.2bRM 8.2b14.9x16.1x2.6x
Sun, 14 Jul 2024RM 138.2bRM 49.3bRM 7.9b15.2x17.5x2.8x
Tue, 11 Jun 2024RM 137.5bRM 49.5bRM 7.9b15x17.5x2.8x
Thu, 09 May 2024RM 130.2bRM 47.1bRM 7.3b14.4x17.8x2.8x
Sat, 06 Apr 2024RM 126.1bRM 46.9bRM 7.3b14.4x17.2x2.7x
Mon, 04 Mar 2024RM 117.5bRM 46.6bRM 7.5b13.7x15.7x2.5x
Wed, 31 Jan 2024RM 117.6bRM 46.3bRM 7.2b13.5x16.3x2.5x
Fri, 29 Dec 2023RM 112.2bRM 46.1bRM 7.1b12.9x15.8x2.4x
Sun, 26 Nov 2023RM 111.5bRM 45.4bRM 7.0b13x15.9x2.5x
Tue, 24 Oct 2023RM 109.3bRM 44.3bRM 7.3b14x15x2.5x
Thu, 21 Sep 2023RM 112.0bRM 44.2bRM 7.1b14.9x15.8x2.5x
Sat, 19 Aug 2023RM 106.9bRM 43.2bRM 6.9b14.1x15.5x2.5x
Mon, 17 Jul 2023RM 99.1bRM 43.0bRM 6.9b12.8x14.3x2.3x
Wed, 14 Jun 2023RM 96.1bRM 42.2bRM 6.7b12.8x14.3x2.3x
Fri, 12 May 2023RM 95.7bRM 40.6bRM 6.2b12.7x15.5x2.4x
Sun, 09 Apr 2023RM 95.7bRM 40.5bRM 6.3b12.4x15.2x2.4x
Price to Earnings Ratio

15.2x


Total Market Cap: RM 95.7bTotal Earnings: RM 6.3bTotal Revenue: RM 40.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Real Estate Sector Price to Earnings3Y Average 14.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Malaysian Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 12.3x which is lower than its 3-year average PE of 14.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Malaysian Real Estate sector?

MY Market0.13%
Real Estate-0.0018%
Health Care REITs0.83%
Retail REITs0.80%
Real Estate0.45%
Hotel and Resort REITs-1.50%
Office REITs-2.17%
Industrial REITs-2.19%
REITS-2.52%
Industry PE
  • Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio of 12.9x.
    • Analysts are expecting annual earnings decline of 1.2%, which is less than its past year's earnings decline of 36.2%.
  • Investors are most pessimistic about the Hotel and Resort REITs industry, which is trading below its 3-year average of 12.0x.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 7.1% per year.
  • In contrast, the REITS industry is expected to see its earnings decline by 8.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IOIPG IOI Properties Group BerhadRM 3.402.4%
+RM 440.5m
77.1%PE8.2x
IGBREIT IGB Real Estate Investment TrustRM 2.731.5%
+RM 173.0m
21.3%PB1.9x
TROP Tropicana Corporation BerhadRM 1.272.4%
+RM 72.4m
13.4%PS2.1x
OSK OSK Holdings BerhadRM 1.631.2%
+RM 61.9m
38.1%PE8.8x
UEMS UEM Sunrise BerhadRM 0.472.2%
+RM 50.6m
-36.9%PE33.4x

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