Local property market poised for growth next year


Juwai IQI's Kashif Ansari said the country could expect more affordable housing options alongside increased demand for luxury properties from inbound tourists and expatriates.

KUALA LUMPUR: Budget 2026 is expected to strengthen the property market across the board through targeted subsidies, major infrastructure investments, and growth initiatives under the 13th Malaysia Plan.

Juwai IQI co-founder and group chief executive Kashif Ansari said the country could expect more affordable housing options alongside increased demand for luxury properties from inbound tourists and expatriates.

“The budget measures could boost residential transaction volumes by 3% to 5% in 2026 compared with full-year 2025 levels. First-home buyers and those in the lower mid-market price segment are expected to lead this growth,” Kashif said.

He added that the biggest drivers behind this uptick would be the RM15bil allocated for Sumbangan Tunai Rahmah and Sumbangan Asas Rahmah cash assistance, which would help families afford larger homes. — Bernama

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