KPKT launches 10 pct housing discount as ASEAN conference exclusive

23 Jul 2026, 7:48 AM
KPKT launches 10 pct housing discount as ASEAN conference exclusive

KUALA LUMPUR, July 23 — The Housing and Local Government Ministry (KPKT) will offer a 10 per cent discount on home purchases during the ASEAN Real Estate Conference 2026 (AREC) from July 29 to August 1 at the Malaysia International Trade and Exhibition Centre (MITEC).

In a statement today, KPKT said the initiative aims to ease homebuyers’ financial burdens, especially with upfront costs.

As the largest real estate conference in ASEAN, AREC gathers industry leaders, investors, financial institutions, and property developers from Malaysia and beyond, while also offering visitors the perfect opportunity to explore housing options, financing solutions and exclusive deals all under one roof.

“This initiative reflects the Madani Government’s commitment to expanding home ownership access for Malaysians through strategic collaboration between the government, financial institutions and property industry players.

“Visitors can also seek advice on financing under the Housing Credit Guarantee Corporation (SJKP). Through Budget 2026, the Madani Government has increased SJKP’s guarantee limit by RM20 billion,” read the statement.

KPKT said the increase in the SJKP guarantee limit is aimed at helping 80,000 first-time homebuyers, particularly those with irregular incomes, the self-employed, and gig workers, gain access to financing.

As of June 30, the initiative has benefited 118,731 homebuyers, with total financing guarantees amounting to RM28.92 billion.

In the same statement, Housing and Local Government Minister Nga Kor Ming said AREC is a one-stop platform that gathers housing offers, financing options and advisory services to help Malaysians make the best decisions when it comes to home ownership.

“I urge all Malaysians not to miss this opportunity to attend AREC 2026. This is the perfect time to make your dream of owning a home a reality by enjoying the 10 per cent discount offered by participating developers.

“Come with your families, grab the exclusive deals, explore the best housing options, and enjoy the various activities on offer. Don’t let this golden opportunity slip away. Such offers are only available during AREC 2026,” he said, adding that KPKT is aiming to draw 100,000 visitors over the four-day event.

In addition to the property exhibition featuring residential projects from leading developers, visitors can also seek consultations at the KPKT Pavilion and attend forums and knowledge-sharing sessions by local and international property experts.

AREC is poised to give Malaysia’s property sector fresh momentum, with a transaction target of RM1.5 billion, which would bolster the national housing ecosystem and realise the Madani Government’s vision to ensure more Malaysians own quality, comfortable and affordable homes.

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