Still paying for an unfinished home in Malaysia? Here’s what Budget 2027 offers affected buyers

Résumé détaillé

Thousands of Malaysians who bought homes in abandoned housing projects are still waiting for answers, uncertain whether their properties will ever ...

KUALA LUMPUR, Nov 12 — Thousands of Malaysians who bought homes in abandoned housing projects are still waiting for answers, uncertain whether their properties will ever be completed or what they can do next.

For some, the financial burden continues, with housing loans to repay despite having no home to move into.

Budget 2027 proposes measures to ease some of these costs and encourage developers to revive abandoned housing projects.

But the assistance comes with conditions, and the government is not offering to settle buyers’ outstanding housing loans.

So what help is available, and what steps can affected purchasers take?

A housing project may be classified as abandoned under several circumstances, including when construction has stopped for six consecutive months, the developer has been placed under receivership, a winding-up petition has been filed, or the developer admits it cannot continue with the development.

A project must also be formally declared abandoned by the minister under the Housing Development (Control and Licensing) Act 1966.

As of August 31, 2026, the Housing and Local Government Ministry (KPKT) had identified 262 abandoned private housing projects in Peninsular Malaysia.

Of these, 99 were licensed projects involving 28,289 housing units, while another 163 were unlicensed projects involving 10,605 units.

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