Although the number of units planned for low medium cost houses are the highest
compared to other categories, but the achievement relatively low in both sectors.
During the Seventh Malaysia Plan the construction of medium and high cost housing
by private sector has achieved 187% and 435% respectively of the targeted units. This
situation created the oversupply of housing stock for both categories during 1997-2000.
The Asian economic crisis worsened the properties scenario in Malaysia with many
unsold properties including medium and high cost housing.