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PETALING JAYA (March 19): Malaysia’s property sector recorded transaction values of RM241.87 billion in 2025, a decade high, reflecting continued market activity and underlying demand across segments, said Housing and Local Government Minister Nga Kor Ming (pictured) yesterday.
The total value marked a 4.1% increase from 2024, with 416,413 transactions recorded, according to the 2025 Property Market Report.
“The property sector is a key driver of the national economy, impacting nearly 200 industries, including construction, finance, building materials and professional services,” Nga said in a statement.
Residential segment leads growth
The residential sub-sector registered growth of 5.9% during the year, while the Malaysian House Price Index (MHPI) rose 2.6%, indicating a stable price environment.
Nga said the data points to sustained housing demand and continued resilience in the broader property market.
Focus on governance and delivery
To strengthen the sector, the Ministry of Housing and Local Government (KPKT) is implementing a series of reforms under its housing agenda, with a focus on governance, delivery and buyer protection.
“These reforms are aimed at improving oversight within the housing sector, with the goal of achieving zero sick projects by 2030, while ensuring access to safe and liveable homes,” he said.
Among the measures outlined are:
*Strengthening audit mechanisms for the Housing Development Account (HDA) to ensure funds are used strictly for their intended purpose
*Enhancing the Housing Integrated Management System (HIMS) to enable real-time monitoring of project progress, financial flows and developer licensing
*Expanding the TEDUH platform to allow prospective buyers to lodge complaints on developer non-compliance
*Drafting the Real Estate Development Act (RPDA) to widen regulatory scope, including residential developments on commercial land
*Implementing e-SPA to reduce document manipulation and delays in transaction processes
Sector to evolve beyond transaction growth
Nga said efforts will continue to ensure the housing sector develops not only in terms of transaction value, but also in quality, efficiency and overall liveability.
“The government remains committed to initiatives that improve access to housing while supporting sustainable growth in the property sector,” he added.
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