PUTRAJAYA: Malaysia’s property market grew by 0.7% in the third quarter of 2026, recording 108,990 transactions compared with the third quarter of 2025, with a total transaction value of RM60.31 billion.

The Director-General of Valuation and Property Services, Valuation and Property Services Department (JPPH), Datuk Abdul Razak Yusak, said the growth in the property market reflected the industry’s confidence in the government’s strategic initiatives under the Madani Economy framework, which provides a foundation for strengthening the property market and benefiting the people.

Among the initiatives outlined in Budget 2026 was the increase in government guarantees of up to RM20 billion under the Housing Credit Guarantee Scheme for housing financing, which has helped stimulate demand in the property market. “This also ensures that the people have the opportunity to own homes,” he said in a statement today in conjunction with the launch of the Third Quarter 2026 Property Market Report.