Kuala Lumpur: According to Knight Frank, Malaysia’s property market is entering an upturn due to its stable government as well as its ASEAN chairmanship.
Amy Wong, executive director of research and consulting at Knight Frank, said 2025 is expected to be a “good year” for the property sector.
“Malaysia currently has all the chess pieces in place. We have a stable government, a prime minister that people recognize, and a group of ministers that promote foreign investment. Our strategic position in Southeast Asia remains a key advantage, and with the ASEAN chairmanship, we are showcasing Malaysia as ready and open for business,” he told the media at the 18th Bursa-HLIB Stratum Focus Series. from, titled “Property Sector: Entering a New Cycle” recently.
Wong said Malaysia is positioned as one of the most attractive markets in the region outside Singapore.
“Singapore is often compared to global financial centers such as Hong Kong and Tokyo. But Malaysia is in a very good position compared to the rest of Southeast Asia,” Wong said.
He emphasized the country’s strategic advantages, including its relative safety from natural disasters because it lies outside the Pacific Ring of Fire.
He added, “We have everything going for us and we are actively sharing this story with the world.”
“With these factors in place, I believe 2025 will be a positive year for the property market,” Wong commented.
He identified industrial property as a sector that is likely to see continued growth due to government policies encouraging foreign direct investment (FDI).
“FDI drives the economy through manufacturing plants and multinational corporations setting up operations here.
“Key areas that will benefit from this include the Klang Valley, Johor with strong port connectivity to Singapore and the electronics hubs in Penang and Kedah,” he said.
Wong also addressed the impact of US sanctions on AI chips that may slightly slow down the rapid growth of data centers but not derail their upward momentum.
“Demand for data centers arises from growing cloud computing needs, daily internet usage and essential services like banking and e-commerce. “Although Trump tariffs may slow growth, the overall trend remains positive,” she said.
