Other Services - Real Estate - MIDA | Malaysian Investment Development Authority
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Other Services – Real Estate

Real Estate

The real estate sub-sector comprises housing and service apartment projects under the purview of the Ministry of Housing and Local Government Development.

 

The real estate industry has persisted and contributed significantly to the services sector despite challenges in the past year. It accounted for almost 19% of total approved investments in 2022, and the government eliminated the Real Property Gains Tax for property disposals by citizens and permanent residents after the sixth year of purchase to further boost the industry.

 

According to the World Green Building Council’s 2019 Global Status Report for Buildings and Construction, buildings contribute 39% of carbon emissions globally, making ESG crucial in real estate.

 

Developers are taking initiatives towards constructing greener buildings and planning housing projects with advancements in innovation and technology to align with Malaysia’s 12MP target of carbon-neutrality by 2050.

 

754

Approved Projects

in 2022

RM28.9 bil

Total Approved Investments
in 2022 (all driven by DDI)

For more statistics, please click here.

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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