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Other Services – Real Estate

Real Estate

The real estate sub-sector covers the housing industry (excluding commercial buildings) in Malaysia and has been the largest contributor to approved investments in the services sector.

 

In 2019, it lived up to its mark despite softening of the property market by recording approved investments of RM40.85 billion, primarily from domestic sources. The number of real estate projects approved increased to 1,279 projects in 2019 from 968 projects in 2018.

 

Among initiatives to boost the property market sector and meet housing demands was the National Home Ownership Campaign 2019 (HOC2019), which was extended to the end of 2019. During this period, Malaysian homebuyers could enjoy stamp duty waivers and discounts. As part of the National Housing Policy 2.0, the Government continues to actively review related policies to further support and stabilise the local housing market.

 

RM40.85 bil

Total Approved Investment

in 2019

1,279

Approved Projects

National Housing Policy
(2018-2025)

 

 

 

Availability of Quality Housing

 

Greater Accessibility and Ability to Own A House

 

Good and Cohesive Neighborhoods

 

Better Coordination between Housing and
Transportation Development

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MIDA provides comprehensive support to your business as you consider the competitive and comparative advantages Malaysia has to offer for your investment. Explore our dedicated resources, wide range of facilities or consultation services to assist you in expanding your operations here.
Find out more about the policies, incentives and facilities in the Real Estate services sub-sector.
Explore further information at the website of the Ministry of Housing and Local Government (KPKT)
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