PEPS BUDGET WISHLIST 2026

As Malaysia prepares for the tabling of Budget 2026, the Persatuan Penilai, Pengurus Harta, Ejen Harta& Perunding Harta Swasta Malaysia (PEPS) has released its annual wishlist, highlighting measures that could strengthen the nation’s property and real estate sector.

From affordable housing initiatives to sustainable development incentives, PEPS’ proposals reflect the sector’s priorities at a time when affordability, transparency, and resilience are at the forefront of public concern.

1. Affordable Housing Boost

PEPS is urging the government to continue stimulus packages that target the affordable housing segment. Suggested measures include tax incentives for developers championing affordable projects and subsidies for low-income homebuyers.

Such initiatives are intended to ease Malaysia’s affordability crisis while revitalising the property sector, ensuring that homeownership remains accessible to a wider segment of the population.

2. Infrastructure Momentum

Infrastructure remains a cornerstone for property growth. Citing the buzz around the KL – Singapore High-Speed Rail (HSR), PEPS calls for continued investment in transit-oriented development and enhancements in public transportation and road networks.

By improving connectivity in key property zones, the sector believes Malaysia can both attract new investors and stimulate broader economic growth.

3. Sustainable Urban Transformation

PEPS also champions long-term sustainability in urban planning, urging the government to:

• Enforce robust environmental regulations
• Provide incentives for developers adopting green building practices

These measures would not only reduce the environmental footprint but also increase the appeal of projects for eco-conscious buyers. As PEPS notes, sustainability is no longer just a choice; it is a symbol of progress and responsible stewardship.

‍

4. Policies to Encourage Investment and Home Ownership

The wishlist also calls for:

• Investor-friendly regulations and streamlined procedures to attract capital
• A revival of the Home Ownership Campaign (HOC) to stimulate demand and address property overhang
• Reduced compliance costs to improve the feasibility of affordable projects
• Public-private partnerships to revive abandoned developments
• A review of the Real Property Gains Tax (RPGT) base year adjustment (currently on 1st Jan 2013)
• Stamp duty waivers for overhang units to reduce unsold stock

These measures are designed to ensure a healthier balance between encouraging investment and meeting local housing needs.

5. Sustainability and ESG Incentives

Finally, PEPS highlights the importance of ESG integration in real estate, recommending:

• Tax incentives for building owners and SMEs to adopt energy-saving technologies
• Support for renewable energy adoption and broader ESG practices
• Incentives for developers that integrate ESG principles into their projects

This aligns Malaysia’s property sector with global sustainability goals, encouraging responsible growth while helping mitigate climate change.

--- The Bigger Picture: Elevating Trust and Sustanability ---

PEPS’ wishlist for Budget 2026 underscores a central theme: the need for balance between stimulation and sustainability.

At ValuationXchange, we see these proposals as complementary to our own mission of elevating trust and building a sustainable property market. As affordability programmes, infrastructure expansion, and ESG reforms reshape the sector, transparent valuation processes will be vital.

By ensuring that valuers, banks, and agents operate within a clear and accountable digital workflow, ValuationXchange supports the very principles highlighted in the wishlist – transparency, sustainability, and resilience.

‍