PUTRAJAYA (March 19): The Ministry of Housing and Local Government (KPKT) is stepping up efforts to strengthen governance in the real estate sector through its Madani housing reform agenda, with a target of achieving zero sick projects by 2030. Its minister, Nga Kor Ming, said the reform focuses on improving systems, enhancing monitoring and increasing transparency to better protect homebuyers. “This housing reform aims to strengthen governance in the housing sector to achieve zero sick projects by 2030, while ensuring more Malaysians can own safe and livable homes,” he said in a statement on Thursday. Among the key measures implemented is the strengthening of the Housing Development Account (HDA) audit mechanism to ensure that buyers’ payments are fully utilised for project development. Nga added that the Integrated Housing Monitoring System (HIMS) has been enhanced to enable real-time monitoring of project progress, financial flows and developers’ licence status.

Source: The Edge Markets March 19, 2026 08:59 UTC