Malaysia restores 1,647 stalled housing projects, aiding 200,000 buyers

Malaysia’s Ministry of Housing and Local Government reports that 1,647 previously sick or abandoned housing projects, representing a gross development value of more than RM150 billion, have been revived since 2022. The recoveries provide relief to roughly 200,000 homebuyers who faced losses from unfinished developments.

The Special Task Force on Sick and Abandoned Private Housing Projects (TFST) led the effort, identifying problem projects, negotiating solutions with developers and financial institutions, and implementing reforms such as the Housing Integrated Management System (HIMS), electronic sale‑and‑purchase agreements (e‑SPA) and an Audited Housing Development Account. As of June 2026, 303 private projects are still classified as “sick,” with 100 confirmed abandoned, the highest concentration of abandoned projects in Selangor (41). The ministry’s “Madani Housing Reform” aims for zero new abandoned projects by 2030.

In parallel, related flood‑risk mitigation measures have reduced risk‑prone locations by about 10%, declaring over 130 areas flood‑free nationwide.