Malaysia Property Trend

KUALA LUMPUR (Feb 13): The Dewan Rakyat on Thursday passed the Johor Bahru-Singapore Rapid Transit System (RTS) Link Bill 2026 to strengthen the legal framework for cross-border transport operations between the two countries. Deputy Home Minister Datuk Seri Dr Shamsul Anuar Nasarah (pictured) said the Bill rests on three main pillars, namely strengthening the legal framework, complementing existing laws and safeguarding national sovereignty and security. “The system will use

KUALA LUMPUR (Feb 4): A total of 744 Malaysia My Second Home (MM2H) participants have purchased homes in the country under the programme as of Dec 31, 2025, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing. (pictured) He said participants from the top 10 countries who have purchased homes in Malaysia under the MM2H programme comprised 304 Chinese nationals, followed by Taiwan (91), Singapore (63), the US (41), the UK (40), Hong Kong (34), Australia (29), Ban

(Photo taken from Facebook of Ab Rauf Yusoh) MELAKA (Feb 5): Melaka is set to receive an investment of more than RM9 billion to develop the state’s first artificial intelligence (AI)-based data centre. Chief Minister Datuk Seri Ab Rauf Yusoh (pictured) said Hong Kong-based Victoria Data Centre has expressed its intention to develop a data centre with a capacity of about 100 megawatts (MW) in Jasin here in the near future. “We will include this (AI data centre development) in

KUALA LUMPUR (Feb 5): The Residential Tenancy Act (RTA) is in its final stage of drafting and is expected to be tabled this year, Housing and Local Government Minister Nga Kor Ming said. The legislation aims to establish a regulated rental market to protect both landlords and tenants, while improving access to affordable housing, he told reporters on the sidelines at the 2026 Malaysia Economic Forum on Thursday. “The RTA is currently under review and has now reached its final

KUALA LUMPUR (Feb 6): Malaysia’s property market continues to grow at a steady pace, with the total transaction value expected to exceed RM250 billion this year, said Housing and Local Government Minister Nga Kor Ming. (pictured) The minister noted that the total transaction value in Malaysia’s property market has been climbing steadily, from RM196.8 billion in 2023 to RM232.3 billion in 2024. “Malaysia’s property market continues to grow at a steady pace, with no signs of a

KUALA LUMPUR (Feb 6): AIMS, the data centre arm of TIME dotCom Bhd (KL:TIMECOM), closed the acquisition of the 10-acre land that paved the way for the construction of a RM4 billion data centre in Cyberjaya. The hyperscale facility will have capacity of up to 200 megawatts, subject to final engineering confirmation, according to a statement from AIMS. The data centre, capable of supporting artificial intelligence (AI) computing, is expected to be completed in 2027. The acquisi

Aerial view of Kelana Jaya PETALING JAYA (Jan 7): Kelana Jaya is seeing renewed development activity, with several new and proposed projects emerging across key pockets of the suburb, adding to its established role as a commercial and transit hub within Petaling Jaya (PJ), Selangor. Spanning approximately eight sq km, Kelana Jaya encompasses sections of SS3 to SS8. A key cross junction connects Jalan Bahagia and Jalan Majlis, forming boundaries between SS3, SS4, and SS5. In

KUALA LUMPUR (Jan 13): Malaysia’s property market is entering 2026 with a clearer hierarchy of performance, where alignment with structural demand, capital discipline and execution certainty are expected to matter more than broad market momentum, according to Knight Frank Malaysia. Insights from the firm’s Real Estate Highlights (REH) 2H2025 point to a market that is no longer moving in a single direction. Instead, assets that are well positioned in terms of purpose, infrastr

The proposal to use a 30-year building age as a redevelopment trigger under the Urban Renewal Act (URA) Bill (now in Parliament) remains fundamentally unsound, even with the Housing and Local Government (KPKT) Minister Nga Kor Ming’s latest suggestion of “reviewing” it. Firstly, the Public Works Department (JKR)’s own engineering position is clear: reinforced concrete buildings in Malaysia have a lifespan of 70 to 80 years. It may even endure up to 100 years with a strong mai

PUTRAJAYA (Jan 21): The Ministry of Housing and Local Government (KPKT) is prepared to re-table the Urban Renewal Bill (PSB) 2025 for its second reading. Its minister Nga Kor Ming emphasised the importance of the bill in addressing issues faced by residents living in dilapidated and unsafe buildings. “If the Cabinet approves, KPKT is fully ready to proceed with the second reading of the Urban Renewal Bill. We believe this is critical to the future of urban development in the

KUALA LUMPUR (Jan 21): A government backbencher on Tuesday called on the government to speed up the tabling of the long awaiting Residential Tenancy Act (RTA), pointing to a growing reliance on renting among younger and urban households. Datuk Seri Hasni Mohammad (BN–Simpang Renggam) said national housing policy must confront current realities. “We must be prepared to face reality: are our housing policies being adjusted towards affordable ownership, protected long-term renta

KUALA LUMPUR (Jan 23): The Urban Renewal Bill has been retracted by the Cabinet to allow for improvements to be made, according to Communications Minister Datuk Fahmi Fadzil. (pictured) Fahmi said the move comes as the Cabinet heeds concerns raised by members of Parliament, ministers and key partner Umno. He did not specify the issues raised, though he said the problems will be addressed in the new bill. There were also proposals from Umno, and “almost all of them will be inc

(Photo taken from KPKT Malaysia Facebook) PUTRAJAYA (Jan 26): The Housing and Local Government Ministry (KPKT) will continue engagement sessions to improve the Urban Renewal Bill. Its minister, Nga Kor Ming (pictured) said the ministry will discuss with local residents, academics, elected representatives and industry experts to ensure every view is taken into consideration in the process of drafting the Bill. “The aim of the Bill is to raise the quality of life in urban areas

(From left) Knight Frank Malaysia Sdn Bhd executive director Amy Wong Siew Fong (moderator); National Property Information Centre (Napic) valuation and property services department director Norhisham Shafie; Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Subramaniam Arumugam; Socio-Economic Research Centre (SERC) executive director Lee Heng Guie; and former Malaysian Investment Development Auth

KUALA LUMPUR (Jan 30): Rental scams in Malaysia are on the rise, but despite reports made, victims have shared that they see no tangible action to either recover their losses nor stem the criminal activities. The police reported that such cases have jumped from 184 in 2023 to 922 in 2025, marking a surge of more than 400% in just three years, stated a local daily on Jan 12. The scammers are increasingly preying on students and foreign renters, as fraudulent agents take advant

KUALA LUMPUR (Jan 30): Renting out residential property carries inherent responsibilities for owners, particularly in ensuring that units are used for lawful and intended purposes. A recent raid by the police, which uncovered a drug processing syndicate at a luxury condominium unit in Kuala Lumpur, has served as a reminder for landlords to be more vigilant in scrutinising potential tenants. Chur Associates founder and managing partner Chris Tan told EdgeProp that residential

(From left) Northmod Pte Ltd investment director Jon Sim; Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Subramaniam Arumugam; Knight Frank Malaysia Sdn Bhd senior executive director Allan Sim; and Universiti Teknologi Malaysia senior lecturer Kamalahasan Achu (moderator) KUALA LUMPUR (Jan 30): Developers are not building enough industrial projects in the Johor–Singapore Special Economic Zone (

JLL managing director, and head of value and risk advisory Jamie Tan KUALA LUMPUR (Jan 30): Johor has established itself as Malaysia’s second-largest residential market in 2025, following Selangor, based on both transaction volume and value. In the third quarter, Johor recorded 10,500 transactions with a total value of RM5,487 million. The southern state sustained positive momentum, outperforming the national trend as well as other key markets. For comparison, Selangor report

KUALA LUMPUR (Jan 5): The service tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to 6% from 8%, said Prime Minister Datuk Seri Anwar Ibrahim. The 8% tax was implemented on July 1, 2025, and applied to the rental of non-residential premises such as offices, warehouses and commercial assets. “The service tax on rentals has indeed been an issue because it rose from zero to 8%. “So far, I am only able to reduce it to 6%, with a loss of nearly half

Countries are adapting to rising population and urbanisation As cities grow denser and climates change, the way we live is evolving. Across the globe, architects and developers are rethinking homes to balance efficiency, sustainability and quality of life. From micro-living in Japan to floating homes in the Netherlands, modern properties are more than shelter. They are actually an experience. Malaysia has played a pioneering role in certain trends too, blending global ins