3. Government Initiatives Government policies and budget allocations, including the Housing Credit Guarantee Scheme (“HCGS”) and exemption of stamp duties for first-time homebuyers, Step Up Financing Scheme and personal income tax relief are expected to provide a boost to the property sector. The Visit Malaysia Year 2026 campaign is expected to benefit the leisure sector, especially holiday destinations and vacation homes. The Malaysia My Second Home (“MM2H”) programme, which is lauded as one of Asia’s most attractive retirement or long-stay visa programmes, is regaining its appeal among foreigners under a revised scheme that saw more relaxed financial requirements. 4. Digitalisation The further digitalisation of the property industry and national infrastructural enhancements are also seen as contributing factors to the positive momentum, with smart city initiatives, digital property management platforms, and advancements in IoT, high-speed internet, and smart building technologies driving e ciency and innovation that attracts local and international buyers. 5. Transformative Developments Transformative developments around Tun Razak Exchange (“TRX”) and Menara 118 were rolled out last year, reinforcing Klang Valley’s position as a premier economic hub and investment destination. The property market in 2025 is expected to grow steadily this year, building on the positive momentum from 2024, with strong performance across various sectors, as stated above. The RTS Link set for completion by December next year, and frequent travellers are looking forward to a smoother journey between Johor and Singapore 47 MANAGEMENT DISCUSSION & ANALYSIS
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