Malaysia pushes green incentives and big-data housing tool at Mapex 2026
The Housing and Local Government Ministry has proposed financial incentives for green buildings and a big-data analytics model to better match housing supply with demand. The announcements were made at the opening of the Malaysia Property Expo 2026 in Kuala Lumpur, which targets nearly RM2 billion i
KUALA LUMPUR (Sept 4): The second installment of the Malaysia Property Expo (Mapex) 2026 opened on Friday (Sept 4) with the government pushing for a greener and more data-led property sector, including proposed financial incentives for green buildings and a big-data tool aimed at better matching housing supply with demand.
Housing and Local Government Minister Nga Kor Ming, who officiated at the opening of the three-day expo at the Mid Valley Exhibition Centre, said the initiatives form part of the government's broader efforts to ensure Malaysia's property sector delivers homes and communities that are affordable, sustainable and suited to local needs.
After the KPKT headquarters building in Putrajaya received its GreenRE Gold certification on Sept 1, Nga said the Housing and Local Government Ministry (KPKT) had proposed to the Finance Ministry (MoF) a package of financial incentives to encourage building owners and management bodies to adopt greener practices. The proposals include lower financing costs, higher financing margins and tax relief, although details of the incentives, including their eligibility and implementation, have yet to be announced.
“Green practices should not be viewed simply as an additional cost, because buildings that consume less energy and water, manage resources more efficiently and maintain healthier environments can also help reduce long-term operating and maintenance costs,” Nga said.
Beyond sustainability, the government is moving towards a more data-led approach to housing planning. Nga said MoF had approved KPKT's proposal to develop a big-data analytics model to improve understanding of housing demand and affordability across different locations. He said KPKT intends to make the data available to industry players once the system is developed, allowing developers to use it for feasibility studies and project planning. Nga said Malaysia's housing challenge is not simply one of supply, but also a mismatch between the homes being built and actual demand.
Meanwhile, Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Zaini Yusoff said developers continue to contend with rising construction costs, infrastructure and utility requirements, statutory and compliance costs, as well as increasingly complex regulatory processes. “Individually, each requirement may appear manageable, but cumulatively they have a direct bearing on project viability and, ultimately, the affordability of homes,” he said. Zaini also expressed hope that the government would consider bringing back the Home Ownership Campaign (HOC), which he said had proven effective as a public-private initiative in supporting homeownership while stimulating the property market.