Despite the steady growth projected for Malaysia’s property market in 2025, many Malaysians continue to face significant barriers to homeownership. Rising property prices, stringent loan requirements, and the increasing cost of living remain major hurdles deterring potential buyers.
Recognising these challenges, both the Malaysian government and developers like Mah Sing are stepping up with integrated initiatives. While Budget 2025 introduces measures to ease financial burdens, Mah Sing is introducing its Homeownership Season campaign that offers a practical, accessible solution for Malaysians looking to own a home.
Key Challenges Homebuyers Face in Malaysia’s Property Market
Rising Property Price Affecting Affordability
Malaysia’s growing population and increased demand for urban living continue to drive property prices upward. These trends are fuelling residential property market growth but are also creating affordability concerns, particularly for middle- and lower-income earners.
Stringent Financing Criteria Limiting Access to Home Loans
Securing a home loan remains a major obstacle, especially for those with non-traditional income streams such as gig workers and the self-employed. Financial institutions maintain strict lending criteria, resulting in high rejection rates among first-time buyers.
Increasing Cost of Living Impacting Homeownership
With inflation affecting everyday expenses and wage growth remaining stagnant, many Malaysians find it increasingly difficult to save for a deposit or commit to long-term mortgage repayments. This financial pressure further delays the ability of many to purchase their first home.
Budget 2025: Supporting Homeownership and Housing Development
To address these barriers, the government has rolled out several housing-related incentives under Budget 2025:
Tax Relief for Home Loan Interest
Budget 2025 provides tax relief of up to RM7,000 on interest payments for first residential home loans. This benefit applies for three consecutive years, covering sale and purchase agreements signed between 1 January 2025 and 31 December 2027. Additionally, if a property is jointly owned, multiple individuals can apportion and claim the relief based on their respective interest payments.
Stamp Duty Exemptions for First-Time Homebuyers
To reduce the upfront costs of purchasing a home, the government has extended stamp duty exemptions for first-time homebuyers. Residential properties valued up to RM500,000 qualify for full exemption on both the instrument of transfer and the loan agreement. This exemption covers transactions executed between 1 January 2021 and 31 December 2025.
Increased Investment in Affordable Housing Projects
Budget 2025 prioritises underserved communities by allocating RM900 million towards affordable housing projects that align with the government’s goal to promote inclusive homeownership.
Expansion of the Housing Credit Guarantee Scheme
The Housing Credit Guarantee Scheme has been expanded under Budget 2025 by making it easier for individuals with irregular income streams, including gig workers and the self-employed to secure home loans. These efforts complement private sector initiatives aimed at helping more Malaysians achieve homeownership.
These measures reflect a concerted national effort to close the housing affordability gap.
Mah Sing’s Homeownership Season Campaign Supporting Property Buyers
In line with these national efforts, Mah Sing Group, a leading property developer in Malaysia, has launched its Homeownership Season campaign. This campaign is designed to complement government policies while offering direct, practical solutions for homebuyers.
1. Affordable Houses in Prime Locations
Mah Sing is offering affordable homes from as low as RM250,000, located in strategic areas across Kuala Lumpur, Selangor, Penang, and Johor Bahru. These developments are designed with connectivity, lifestyle, and long-term value in mind, which help buyers enjoy both comfort and convenience.
2. Flexible Financing and Easy Ownership Packages
The campaign offers attractive ownership schemes, including low booking fees and affordable monthly repayment plans starting from RM1,107. Buyers can also benefit from free credit assessments and professional loan application assistance to better understand their eligibility and financing options, making the journey to homeownership smoother and more accessible.
3. Wide Range of Participating Developments
The Homeownership Season campaign covers a diverse range of Mah Sing’s landed and high-rise developments for sale. In Kuala Lumpur and Selangor, options include landed terrace homes such as M Legasi in Semenyih, and serviced apartments like M Azura in Setapak, M Aspira in Taman Desa, M Zenya in Kepong, M Terra in Puchong and more.
In Penang, buyers can explore Ferringhi Residence 2, a seaside condominium in Batu Ferringhi. Down south in Johor Bahru, the campaign features landed homes like M Tiara in Skudai, Allamanda @ Meridin East in Pasir Gudang, and Jasmine @ Meridin East, in Pasir Gudang, along with M Minori in Seri Austin, a high-rise residence.
Explore the campaign page to discover more projects here. With 3 simple steps, such as book the unit, get a free credit assessment and loan application assistance and enjoy attractive rewards when you sign the SPA.
Making Homeownership in Malaysia a Reality with Mah Sing
Malaysia’s property market outlook remains positive, but real progress lies in ensuring that homeownership is within reach for more Malaysians. While government initiatives under Budget 2025 provide essential support, the role of the private sector is equally crucial.
Mah Sing’s Homeownership Season campaign complements these national efforts by offering affordable, flexible, and practical homebuying solutions tailored to the real needs of Malaysians today.
If you’re looking to take your first step towards owning a home, there has never been a better time. Register with us now at the Homeownership Season campaign and explore a wide range of homes, and begin your journey to becoming a homeowner.
