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In the ever-evolving Malaysian property landscape of 2026, the structural integrity of the real estate market relies on a delicate system of checks and balances.
Budget 2026 is incentivising turning empty offices into homes. Starting from the 2026 assessment year, the Malaysian government will provide a 10% special tax deduction, specifically for qualifying costs, for converting commercial buildings into residential ones.
The Malaysian embassies in both Jordan and Bahrain have urged Malaysians in those countries to stay calm and take shelter in safe locations in the wake of recent Israeli airstrikes on Iran.
Malaysia Airports Holdings Bhd (MAHB) has issued a travel advisory for passengers travelling to, from, or transiting through parts of the Middle East, advising them to check their latest flight status directly with their respective airlines before proceeding to the airport.
Following the closure of airspace in parts of the Middle East amid escalating regional security developments, Malaysia Airlines has cancelled flights between Kuala Lumpur (KUL) and Doha (DOH), Jeddah (JED), and Madinah (MED) on Feb 28 and March 1, as a precautionary measure.