Budget 2027 wishlist: Rehda wants wider housing loan access, special campaign for unsold units

KUALA LUMPUR, Sept 23 — Rehda Malaysia has presented a budget wish list for 2027, focusing on improving housing loan accessibility and addressing the challenges faced by prospective homebuyers. The Real Estate and Housing Developers' Association (Rehda) is seeking an expansion of the Housing Credit Guarantee Scheme (SJKP), improved financing structures, and an extension of existing stamp duty relief for residential properties priced above RM500,000 and up to RM1 million.

Rehda president Datuk Zaini Yusoff emphasized the need to help young Malaysians, self-employed individuals, and those with low or non-traditional incomes, as access to housing financing remains a significant barrier to homeownership. Additionally, Rehda is proposing a special Home Ownership Campaign for unsold completed residential units, targeting the 59% of respondents who have such properties.

The organization is also advocating for data-driven housing planning, fiscal incentives for construction productivity, and sustainable housing development to address rising costs and improve market liquidity.