Kuala Lumpur, Nov. 22 -- From the beginning of next year, Malaysia will implement five housing reform policies to build an accountable and high-integrity housing ecosystem, while promoting the development of the real estate industry and ensuring the rights of buyers.

Speaking at the Madani Housing Reform Ceremony on November 20, Housing and Local Government Minister Nga Kor Ming said the reforms aim to protect buyers, enhance housing system efficiency and move towards a world-class digital housing ecosystem.

Under the new policy, Malaysia will adopt a more proactive approach by moving from a manual management system to a digital system, from a closed process to a transparent, modern and data-driven management. Through this new ecosystem...