4 akta bakal digubal, dipinda bawah Dasar Perumahan Negara 2026-2035

The Malaysian Housing and Local Government Minister, Nga Kor Ming, announced four property-related acts will be amended under the National Housing Framework 2026-2035 to create a more comprehensive, progressive, and fair legislative framework for all stakeholders. The Minister highlighted three new bills including the Land Development Act, Building Management Act, and Residential Tenancy Act, in addition to amendments to the Strata Management Act 2013.

Upon launching the DRN 2026-2035, he expressed his commitment to ensuring the implementation of these amendments in the near future.

The Land Development Act will expand its scope from residential to commercial real estate, including commercial spaces and retail projects. The Building Management Act is deemed crucial due to the country's nearly three million strata properties, including condominiums, small office buildings, and SOHOs, which require constant upkeep and safety measures. The Residential Tenancy Act seeks to balance the interests of landlords and tenants while protecting both parties' rights.

The Minister emphasized that the adjustments to the Strata Management Act 2013 align with the evolving needs of strata property management as the nation's urbanization rate has risen from 28% in 1970 to 78% now and is projected to reach 85% by 2040. The National Housing Framework will introduce data analytics starting next year to address the mismatch between housing supply and demand, which is one of the primary reasons for unsold properties.

This system will integrate data from state governments, local authorities, and the Ministry of Housing, based on region and locality.

Nga noted that while the main challenge is not the availability of housing or construction, it is the discrepancy between supply and demand, leading to unsold properties. The data analytics will enable developers to conduct feasibility studies before initiating any project, ensuring that the type, location, and pricing of the properties offered match market demand.

The data analytics is not mandatory but can be availed by industry players to assist in decision-making. The Minister believes that a similar approach will allow for property prices to be determined based on locality rather than a uniform value across the nation, emphasizing that "one size doesn't fit all."