BTS
KPKT Plans Major Reforms to End Abandoned Housing Projects
The Ministry of Housing and Local Government (KPKT) is taking serious steps to tackle one of Malaysia’s long-standing housing issues — abandoned private projects. On November 20, the ministry will be announcing five new reforms aimed at completely wiping out such projects by 2030. Housing Minister Nga Kor Ming said ... Read More
Incentives for “Build-Then-Sell” housing model to be announced soon
In a move to strengthen Malaysia’s housing sector, the government will introduce incentives for developers who adopt the “build-then-sell” (BTS) model, Housing and Local Government Minister Nga Kor Ming announced at the Urban Engineering Symposium 2025 (Urbens 2025) last week. Nga highlighted that the BTS model forms part of broader ... Read More
Build-then-sell housing delivery system to heal ‘sick’ projects
The Ministry of Local Government Development (KPKT) plans to implement a build-then-sell (BTS) housing delivery system rather than a sell-then-build (STB) delivery system next year, to reduce the number of “sick” or delayed housing projects. KPKT Minister Nga Kor Ming said the ministry will work together with the Real Estate ... Read More
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