Malaysia’s property market reaches a decade-high RM241.87bil in 2025, up 4.1% from 2024, driven by strong

PETALING JAYA: Malaysia’s real estate sector continues to show robust growth, with the total value of property transactions in 2025 reaching a record RM241.87 billion, the highest in a decade, said the Housing and Local Government (KPKT) Minister Nga Kor Ming.

In a statement today, he said the performance reflects strong investor confidence and solid economic fundamentals under the Madani government.

“The real estate sector is a key driver of the national economy, impacting nearly 200 industries, including construction, finance, building materials, and professional services.

“This growth shows that demand for housing in Malaysia remains strong and sustainable.”

Nga said the 2025 Property Market Report revealed that property transaction values increased 4.1% from 2024, covering 416,413 transactions.
Meanwhile, the residential building subsector grew 5.9%, while the Malaysia House Price Index (IHRM) rose 2.6%, indicating a stable and resilient housing market.

“To boost the quality and competitiveness of Malaysia’s property sector, KPKT is actively implementing the Madani Housing Reform agenda.”

He highlighted that the reforms aim to strengthen housing sector governance, achieve zero stalled projects by 2030, and ensure more Malaysians can own safe and livable homes.

Key initiatives include:

• Strengthening audits of the Housing Development Account (HDA) to ensure buyers’ payments are fully allocated to projects.
• ⁠Enhancing the Housing Information Management System (HIMS) for real-time monitoring of project progress, financial flows, and developer licenses.
• ⁠Upgrading the Teduh system to allow buyers to report developer non-compliance.
• ⁠Amending the Real Property Development Act (RPDA) to expand regulatory coverage, including residential units above commercial land.
• ⁠Implementing e-Sale and Purchase Agreements (e-SPA) to prevent document manipulation and delays.

Nga said KPKT will continue to ensure the housing sector grows not just in transaction value but also in development quality, system efficiency, and Malaysians’ quality of life.

“The Madani government is committed to facilitating citizens’ access to housing while supporting sustainable growth in the property sector,” he added.

 The Sun Malaysia