New Property Launches in Malaysia

A residential project sold directly by a developer — pre-launch, under construction, or just completed before resale.

Typically 24–48 months for high-rise condos and 18–36 months for landed homes, from SPA to vacant possession.

Usually 2%–3% of the purchase price, refundable if your loan is rejected with proper documentation.

The Home Ownership Campaign is a periodic government stamp-duty exemption for new launches. Check current eligibility before you commit.

Not always — but the developer often absorbs legal fees and stamp duty and may offer cash rebates, effectively lowering the cost.

The Developer Interest Bearing Scheme has been bank-prohibited since 2014. Watch for alternative early-bird incentives instead.

Check the Ministry of Housing (KPKT) register. A developer must hold a valid Developer Licence (DL) and Advertising & Sales Permit (APDL).

KPKT can intervene and buyers may claim through the housing tribunal. Always check the developer’s track record and licence validity first.