Star Biz7

Commercial to residential: The 10% push

By Samantha Wong

Budget 2026 is incentivising turning empty offices into homes.

Starting from the 2026 assessment year, the Malaysian government will provide a 10% special tax deduction, specifically for qualifying costs, for converting commercial buildings into residential ones.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Budget2026 , OfficeConversion , AdaptiveReuse , TaxIncentive , OfficeVacancy , UrbanRenewal , ESGProperty , KLRealEstate

Next In Business News
All under one roof
Conflict of interest between estate agency and valuation
EPF yet to decide on Sunway’s RM11bil takeover bid for IJM
EPF declares 6.15% dividend for conventional savings for 2025
No end in sight for suffering petrochemical players
Digital banks at turning point
Cyclical or structural weakness?
Coordinated measures key to plugging water leakages
HK family offices on the rise
Full armour, zero compromise

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.