PETALING JAYA: Steady economic growth, continued infrastructure development, and stable financing conditions are expected to spur the Malaysian property market to new highs this year.

Industry experts and observers are optimistic, if not hopeful, that these fundamentals will help boost property transactions in 2026.

β€œMalaysia’s property sector is expected to grow this year, though the pace will likely be steady rather than rapid.

β€œMarket activity and transaction values are projected to increase moderately, backed by a growing economy, expanding infrastructure and steady financing conditions,” said an analyst.

β€œWe believe that the overall outlook is positive but measured, with growth expected to be in line with the government’s recent projection on transaction growth for 2026,” he added.

Earlier this month, Housing and Local Government Minister Nga Kor Ming said Malaysia’s property market is anticipated to grow at a steady pace, with total transaction value expected to exceed RM250bil this year.

He noted that total transaction value in Malaysia’s property market has been climbing steadily, from RM196.8bil in 2023 to RM232.3bil in 2024.

β€œMalaysia’s property market continues to grow at a steady pace, with no signs of a bubble.

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