KUALA LUMPUR: Bank financing to the property sector recorded strong growth of 11.9 per cent year-on-year in August 2026, with outstanding loans reaching RM134.41 billion.
Bank Negara Malaysia data compiled by BIMB Securities Research showed that financing to the property sector also increased 2.4 per cent from the previous month.
The performance outpaced overall banking system loan growth, which expanded 5.7 per cent year-on-year to RM2.45 trillion during the month.
The property sector accounted for about 5.5 per cent of total loans in the banking system as of August.
BIMB Securities Research said non-household loan growth rose to 6.8 per cent in August from 6.4 per cent in July, supported by stronger credit demand from several sectors, including property.
