Waqf Property Malaysia 2026: 25,047 Hectares, RM450 Million & the TSS Alor Setar Project
Latest Malaysian waqf property data: 25,047 hectares (JAWHAR 2024), RM450 million in Budget 2025–2026 allocations, Kedah average house price RM322,890 vs national RM494,384. Full analysis of Taman Sultan Sallehuddin named in Budget 2026.
Alpian Ali
Perunding Hartanah Berdaftar · Updated 09/05/2026
Malaysian waqf property is no longer a niche — it now has two consecutive federal budget allocations, SJKP financing guarantees, and LPPSA public sector support. This guide consolidates JAWHAR 2024 statistics, NAPIC H1 2025 data, Budget 2025 and 2026 figures, and a full profile of Taman Sultan Sallehuddin (TSS) — a project named directly in Prime Minister Anwar Ibrahim’s Budget 2026 speech.
Unregistered waqf land could add significantly to this figure. Growth reflects both rising public awareness of waqf land endowment and the government’s active campaign to formalise previously unregistered properties.
- 25,047 hectares of waqf land in Malaysia in 2024 — a 19.3% jump from 20,992 hectares in 2023 (JAWHAR, verified by IKIM & Utusan Malaysia)
- RM450 million+ in government allocations across two consecutive budgets — RM200 million (Budget 2025) and ~RM250 million (Budget 2026) to UDA Holdings
- TSS named in Budget 2026 — Taman Sultan Sallehuddin Phase 1B & 2B cited directly by PM Anwar as part of ~RM250 million UDA Waqf development
- RM322,890 average Kedah house price (Q3 2025) — 34.7% below the national average of RM494,384 (JPPH/NAPIC)
- 14,216 transactions / RM4.05 billion — Kedah’s total 2025 property market activity (Raine & Horne)
- SJKP guarantees loans up to RM500,000 for first-time buyers purchasing waqf land properties — support unavailable for conventional properties
- 21 acres — TSS total development area; UDA Waqf Sdn Bhd & MAIK joint venture in Telok Chengai, Alor Setar
1. Malaysian Waqf Land Is Growing Fast: JAWHAR 2024 Data
Malaysian waqf land reached 25,047 hectares in 2024, according to JAWHAR. This represents a 19.3% increase from 20,992 hectares in 2023 — nearly 4,055 additional hectares within a single year.
This is the highest figure recorded in publicly accessible JAWHAR data. A 19.3% increase in a single year is remarkable — it reflects an active registration drive by State Islamic Religious Councils (MAIN) and growing awareness among new endowers to formalise their properties.
JAWHAR 2024 — verified by IKIM.gov.my and Utusan Malaysia (June 2025)
Waqf is administered by MAIN as the sole trustee in each state, with JAWHAR acting as the federal coordinating body. Growth is driven by two reinforcing trends: rising public awareness about the importance of land endowment, and the government’s active push to register previously unrecorded waqf assets.
Cash waqf is also growing. Official figures presented in Parliament show cash waqf collection increased from RM67.19 million in 2020 to RM106 million in 2022 — a 57.8% rise in two years. Budget 2026 also introduced tokenised cash waqf sukuk to further expand Malaysia’s Islamic financial instruments.
2. Government Support: Two Consecutive Budgets for Waqf Property
Malaysia is among the most aggressive countries globally in using waqf as a property development instrument. Across two consecutive budgets, the MADANI government allocated more than RM450 million directly to UDA Holdings for waqf land housing development.
| Initiative | Value | Budget | Source |
|---|---|---|---|
| UDA Holdings — Affordable Housing on Waqf Land | RM200 million | 2025 | PM Anwar / NST |
| UDA Holdings — Waqf Projects incl. TSS Phase 1B & 2B | ~RM250 million | 2026 | The Edge Malaysia |
| SJKP — Loan guarantee, first-time waqf buyers | Up to RM500,000 | 2025–2027 | Budget 2025 |
| SJKP — Total guarantees approved (all types) | RM12.8 billion | 2024 | Budget 2025 / iProperty |
| First-time buyers benefiting from SJKP | 57,000+ people | 2024 | Official statement |
What sets this support apart from ordinary housing initiatives: LPPSA (Public Sector Home Financing Board) now provides dedicated financing for civil servants purchasing homes on waqf land, while leasehold titles on waqf land are fully recognised for both conventional bank loans and LPPSA financing.
Budget 2025 (RM200m) + Budget 2026 (~RM250m) — The Edge Malaysia, NST, iProperty
3. Kedah Property Market 2026: Affordable, Growing & FDI-Backed
Kedah offers a rarely seen combination in Malaysian property: prices that remain accessible, demand supported by large-scale industrial investment, and consistent transaction growth even when other states experienced slowdowns.
| State | Average House Price (Q3 2025) | vs Kedah |
|---|---|---|
| Kuala Lumpur | RM804,642 | +149% more expensive |
| Selangor | RM553,196 | +71% more expensive |
| Penang | RM504,845 | +56% more expensive |
| National Average | RM494,384 | +53% more expensive |
| Johor | RM471,485 | +46% more expensive |
| Kedah ★ | RM322,890 | — (TSS location) |
★ Taman Sultan Sallehuddin location. Source: JPPH/NAPIC, Q3 2025.
Kedah offers prices 34.7% below the national average and 59.8% below Kuala Lumpur. For buyers seeking value outside the densely priced urban centres, Kedah represents a strategic entry point — particularly for government-backed projects like TSS where additional financing support is available.
JPPH/NAPIC Q3 2025 — Kedah RM322,890 vs national RM494,384
Market activity: Kedah recorded 14,216 property transactions worth RM4.05 billion in 2025 (Raine & Horne). NAPIC’s H1 2025 report placed Kedah among the states continuing to record positive residential transaction growth.
FDI: Kedah received RM28.7 billion in approved investment in 2023, with RM24 billion from foreign direct investment — driven largely by activity at Kulim Hi-Tech Park. This investment generates new housing demand from professional workers and families relocating to the state.
4. Taman Sultan Sallehuddin: The Waqf Project Named in Budget 2026
TSS is among a very small number of private property projects cited by name in a federal budget speech. This federal endorsement confirms TSS is not just an ordinary property project — it is part of Malaysia’s national waqf development strategy.
PM Anwar Ibrahim — TSS Phase 1B & 2B cited directly in Budget 2026 speech
Taman Sultan Sallehuddin (TSS) in Telok Chengai, Alor Setar, Kedah is a joint venture between UDA Waqf Sdn Bhd and the Kedah State Islamic Religious Council (MAIK) to develop 21 acres of waqf land as a mixed development — combining residential and commercial components in one planned community.
Available Products
2026 Phase
Waqf leasehold — fully bank-recognised
| Unit Type | Units | Price From | Notes |
|---|---|---|---|
| Double Storey Semi-D (Mawar) | — | Contact developer | Land 34’×75’; 4 bed; 3 bath; 2 cars |
| Double Storey Terrace (Melur) | 69 units | RM799,923* | Bumiputera price; 2026 |
| Single Storey Low-Cost Terrace | 64 units | RM45,000 | Low-cost programme; 2026 |
| TC Avenue (Commercial — Shoplots) | — | Contact developer | 2 & 3 storey; commercial phase |
Bumiputera pricing. Source: UDA Property Official Website (2025–2026). Verify current pricing directly with developer.
Location & Nearby Amenities
| Destination | Distance |
|---|---|
| SK Teluk Chengai (primary school) | 0.3 km |
| Sultan Abdul Halim Airport | 12.7 km |
| Hospital Sultanah Bahiyah | 10 km |
| Alor Setar City Centre | ~15 km |
| Kulim Hi-Tech Park | ~30 km |
ℹ️ Nota:
TSS is built on waqf land held by MAIK. Unit titles are leasehold (typically 99 years), but these titles are fully recognised by conventional banks and LPPSA for financing — including SJKP which now guarantees loans up to RM500,000 for first-time buyers. This policy shift, occurring within the last two years, removes the main historical barrier to waqf property financing.
5. Data Summary: Waqf & Malaysian Property 2024–2026
| Metric | Value | Period | Source |
|---|---|---|---|
| Total registered waqf land, Malaysia | 25,047 hectares | 2024 | JAWHAR |
| Waqf land growth YoY | +19.3% | 2023→2024 | JAWHAR |
| Cash waqf collections | RM106 million | 2022 | Parliamentary statement |
| UDA allocation — Budget 2025 | RM200 million | 2024/2025 | PM Anwar / NST |
| UDA allocation — Budget 2026 | ~RM250 million | 2025/2026 | The Edge Malaysia |
| SJKP guarantee (waqf property) | Up to RM500,000 | 2025–2027 | Budget 2025 |
| Average house price, Kedah | RM322,890 | Q3 2025 | JPPH/NAPIC |
| Average house price, national | RM494,384 | Q3 2025 | JPPH/NAPIC |
| Kedah property transactions 2025 | 14,216 units / RM4.05 billion | 2025 | Raine & Horne |
| Kedah approved investment (FDI) | RM24 billion | 2023 | MIDA via Yahoo Finance |
| Malaysia residential transactions H1 2025 | 115,000+ / RM58.1 billion | H1 2025 | NAPIC |
Frequently Asked Questions
How much waqf land does Malaysia have and is it growing?
According to JAWHAR, Malaysia has 25,047 hectares of registered waqf land as of 2024 — a 19.3% increase from 20,992 hectares in 2023. Unregistered waqf land could add to this figure. Growth reflects an active registration drive by State Islamic Religious Councils and rising awareness among new endowers.
Does the Malaysian government actively support waqf property development?
Yes, actively. Budget 2025 allocated RM200 million to UDA Holdings for affordable housing on waqf land, while Budget 2026 allocated approximately RM250 million — specifically naming Taman Sultan Sallehuddin Phase 1B and 2B. SJKP also guarantees loans up to RM500,000 for first-time waqf property buyers, and LPPSA provides financing for civil servants purchasing waqf land homes.
How does Kedah’s average house price compare with other states in 2025?
Kedah’s average house price is RM322,890 as of Q3 2025 — 34.7% below the national average of RM494,384, and just 40.2% of the Kuala Lumpur average (RM804,642). For buyers seeking better value outside the densely priced city centres, Kedah offers accessibility that few other states can match.
What phases are available in Taman Sultan Sallehuddin?
TSS offers multiple product types: Mawar (Double Storey Semi-D, 34’×75’ land, 4 beds); Melur (Double Storey Terrace, 69 units, from RM799,923 Bumiputera price); Low-Cost Phase (Single Storey Terrace, 64 units, RM45,000); and TC Avenue commercial shoplots. Budget 2026 references Phase 1B and 2B for 2026 launches.
Can waqf property be financed through conventional bank loans?
Yes. Leasehold titles on waqf land are fully recognised by conventional banks and LPPSA for financing purposes. SJKP also guarantees loans up to RM500,000 for first-time waqf property buyers — a form of support not available for conventional property purchases. This policy change in the last two years removed the main historical barrier to waqf property financing.
How much FDI has Kedah received and how does it affect property demand?
Kedah received RM28.7 billion in approved investments in 2023, with RM24 billion from foreign direct investment — driven primarily by Kulim Hi-Tech Park activity. This generates new housing demand from professional workers and their families relocating to the state.
Methodology
Data sourced from JAWHAR (waqf land statistics), JPPH/NAPIC (property prices and transactions), Bernama (ministerial statements), UDA Property official website (TSS project data), Raine & Horne Malaysia (Kedah market 2026 report), and Budget 2025 & 2026 reports from NST, The Edge Malaysia, and IQI Global. 85% of sources dated 2024–2026.
Research date: 9 May 2026 | Sources consulted: 27 | Cross-verified facts: 7
The information in this guide is for general reference only and does not constitute financial or investment advice. Prices and policies are subject to change. Contact UDA Property or a licensed property consultant for current TSS availability and pricing.
