He said records at the National Property Information Centre showed that this was lower compared with the 30,664 unsold units in Q4 of last year.

“Among the reasons for this are the inability to purchase according to the market price and the lack of an integrated system to ensure there is a match in terms of supply and demand according to location,” he said during question time in the Dewan Negara today.

He said this in reply to a question from Ahmad Azam Hamzah, who wanted to know the ministry’s guarantee in ensuring that the houses built would be sold.

Ismail said among the ministry’s efforts was to cap the ceiling price for affordable housing at RM300,000 under the National Affordable Housing Policy.

He said apart from that, the ministry had also asked developers to conduct feasibility studies so that the problem of oversupply could be overcome in the long run.

He said the ministry was conducting a housing data analytics study to get a true picture of housing management in the country.

“The study will be used as input for the development of a property data collection centre platform, which includes demand and supply, to help in decision-making at the federal and state government levels as well as to assist in the provision of more comprehensive national housing policies and planning,” he said.

He added that the government was also developing the Housing Integrated Management System, which would act as a one-stop centre for matters under the Housing Development (Control and Licensing) Act 1966 and for the updating of private housing development information.

The system is expected to be ready by April.