Malaysia logs 78% home ownership in 2024, near-universal access to electricity and water—DOSM
On a state and federal territory basis, Putrajaya had the lowest home ownership at 27.
On a state and federal territory basis, Putrajaya had the lowest home ownership at 27.
The policy thrust is steering developers towards mass-market and mid-range products, supported by financing incentives including housing guarantees, stamp duty exemptions and tax reliefs for homes priced below RM750,000.
The proposed Urban Renewal Act extends beyond high-rises and stratified properties; older landed residential and business premises across Peninsular Malaysia can be designated for redevelopment even if they hold freehold status.
One thing the Klang Valley has plenty of is shopping malls—from mega to mini, and more in between.
Fire safety must never be an afterthought, a budget item or a box to be ticked.
“They only want fully-prepared industrial sites.
“Global players often tell us they struggle to find industry-ready talent, so we let them shape the curriculum directly.
“People now see that Malaysia is an attractive destination,” he said, noting that companies have already diversified their risks, and will continue to value locations that offer stability, should similar disruptions recur.
Rising project costs were a recurring theme, with several noting that higher electricity tariffs, operational expenses, labour constraints, and utility charges could erode Malaysia’s competitiveness against regional markets such as Vietnam and Indonesia.
The proposed Property Management Bill is a costly and unnecessary duplication of BOVAEP’s existing mandate.