Malaysia’s property market started 2026 on a measured note, with nationwide transactions slipping 8% to 89,966 and total transaction value dipping marginally by 0.6% to RM51.09 billion, compared to Q1 2025. The national Malaysian House Price Index (MHPI) still posted a positive 1.7% year-on-year gain, reaching 235.2 points with an average house price of RM507,533,…
Read MoreTan Sri Syed Mokhtar Albukhary has acquired a substantial stake in Eco World Development Group Bhd and its sister company, expanding the tycoon’s portfolio of developers. The shares in EcoWorld, equivalent to 30.1%, were sold by former deputy chairman Datuk Leong Kok Wah through a private vehicle, according to an exchange filing on Monday. The…
Read MoreLand & General Bhd (L&G) has officially launched Damansara Laverra, a new freehold high-rise residential development in Bandar Sri Damansara with an estimated gross development value (GDV) of RM752 million. The project received an encouraging market response during its launch event, with more than 600 units booked within a single day, representing approximately 61% of…
Read MoreKUALA LUMPUR: Malaysia is building homes priced beyond what most Malaysians can afford, contributing to the country’s growing residential housing overhang. Deputy Economy Minister Mohd Shahar Abdullah said Malaysia must directly confront the affordable housing mismatch. “The market is telling us something clear. The mismatch is not in demand. The mismatch is in what is…
Read MoreMalaysia’s property market started 2026 on a cautious note, recording moderate performance in the first quarter, according to the Property Market Report for Q1 2026 released by the Valuation and Property Services Department (JPPH) on 14 May 2026. Transactions Dip, But Market Holds Steady A total of 89,966 property transactions were recorded in Q1 2026,…
Read MoreMalaysia’s Real Estate and Housing Developers’ Association (Rehda) has thrown its support behind a proposed “Option to Purchase” (OTP) clause set to be introduced under the new Real Property Development Act, which is slated to replace the Housing Development (Control and Licensing) Act 1966. Rehda president Datuk Ho Hon Sang welcomed the proposal by Housing…
Read MoreAsia’s leading architecture business event is back. ARCHIDEX 2026 will run from 29 July to 1 August 2026 at the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur, and this edition is shaping up to be its most ambitious yet. Jointly organised by Pertubuhan Akitek Malaysia (PAM) and C.I.S Network Sdn Bhd, ARCHIDEX…
Read MoreKUALA LUMPUR: Rising construction material costs caused by the ongoing conflict in the Middle East have not derailed investor confidence in Malaysia’s property market, which is underpinned by the country’s resilient economic fundamentals, Housing and Local Government Minister Nga Kor Ming said. Nga said Malaysia remains on stable economic footing despite mounting geopolitical uncertainty and…
Read MoreKUALA LUMPUR: The real estate sector should support broader economic and nation-building goals instead of focusing solely on profit-driven housing developments, Deputy Finance Minister Liew Chin Tong said. He said the sector should contribute towards addressing wider national challenges, including housing affordability, urban sprawl, talent retention and dependence on private vehicles. “The real estate sector…
Read Moreby AKMAR ANNUAR MALAYSIA’S real estate sector must move beyond profit-led development and help address wider national challenges, including housing affordability, urban sprawl, car dependency and talent retention. Deputy Finance Minister Liew Chin Tong said the sector should see itself as part of the country’s economic and nation-building agenda, rather than an industry measured mainly…
Read More
