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Malaysia plans incentives for 'build and sell' housing to reduce abandoned projects by 2030.
The Malaysian government plans to provide incentives to property developers who adopt a 'build and sell' approach to end abandoned housing projects by 2030.
Housing Minister Nga Kor Ming has stated that these incentives will be outlined in the upcoming 13th Malaysia Plan and the 2026 budget.
The government also aims to advance urban renewal efforts through the Urban Renewal Bill, set for parliamentary discussion, and establish mediation committees to ensure fair outcomes.
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Malasia planea incentivos para 'construir y vender' viviendas para reducir los proyectos abandonados para 2030.