Johor overtakes Selangor for new launches in 1Q2025—Napic
In total, 12,498 residential units were launched in 1Q2025 across the nation, with 1,351 (10.8%) of units sold.
In total, 12,498 residential units were launched in 1Q2025 across the nation, with 1,351 (10.8%) of units sold.
They specifically highlighted the proposed 8% tax on commercial rental and leasing services, deeming its timing "gravely misguided".
Real Estate and Housing Developers’ Association (REHDA) is concerned that the 6% SST imposition on construction services will pose significant challenges for developers, primarily due to anticipated increases in operational costs.
The Kuala Lumpur Local Plan 2040 (KLLP2040) has been gazetted and comes into effect today. It will be officially launched by the Prime Minister on June 24.
The Real Estate and Housing Developers' Association (Rehda) Institute has called for an owner-led urban renewal model, backed by clear safeguards to prevent displacement and ensure fair compensation for the affected property owners in urban redevelopment.
Rehda Institute believes that sound policy on new urban renewal laws must be evidence-based, people-focused, and guided by global best practices.
Malaysia’s property transaction value fell 8.9% in the first quarter of 2025 (1Q2025) to RM51.42 billion, compared to RM56.47 billion a year earlier, according to the latest data from the National Property Information Centre (Napic).
The Real Estate and Housing Developers’ Association (Rehda) Malaysia has welcomed the government’s revision of the Sewerage Capital Contribution (SCC) rates, which took effect on March 1.
The Malaysian property market is said to have performed exceptionally well in 2024, with the total value of property transactions hitting a record high at RM232.3 billion, and the total volume of property transactions reaching 420,545, regaining the momentum of 2011.
The Real Estate and Housing Developers' Association Malaysia (Rehda) Institute has called on the government to introduce a “Tiered Developer Classification System” as part of the licensing process to help curb abandoned housing problems.