KUALA LUMPUR, April 12 -- A large number of unsold residential units in the Bumiputera quota continue to weigh down the Malaysian property market, especially for homes priced between RM300,001 and RM500,000.

According to the Real Estate and Housing Developers' Association (Rehda), 77 per cent of completed Bumiputera units that remain unsold fall within this price range.

Harian Metro reported that 72 per cent of these units have been on the market for more than 36 months, suggesting a persistent mismatch between supply and demand.

"This issue has become a major challenge for developers and buyers," Rehda president Datuk Ho Hon Sang said in a statement.

He added that the unsold inventory not only affects developers but also hampers the ...