Malaysia: Malaysia’s property sector is set for a major digital transformation as the government accelerates the rollout of trusted digital infrastructure to enhance transparency, compliance, and resilience. Deputy Finance Minister Lim Hui Ying stated that the Finance Ministry is driving reforms to ensure that the property ecosystem, from valuation to financing, is integrated with verified data and secure transaction systems, strengthening investor confidence and protecting consumers.
According to BERNAMA News Agency, by introducing digital infrastructure that records, reconciles, and reports transactions in real time, the government aims to embed trust within the system where records are consistent, data is verified, and audit trails are secured. Lim emphasized the creation of a market environment where both opportunities and responsibilities coexist, with transparency as a foundational element.
PaymentXchange, an industry-endorsed transparent property payment platform, focuses on deposit protection, accountability, and compliance practices for the Malaysian real estate market. Developed and operated by Infomina Geolytik Sdn Bhd, it works in conjunction with ValuationXchange to create a connected buyer-bank-valuer ecosystem, enabling a streamlined loan and valuation process.
Lim highlighted the inefficiencies and potential fraud risks associated with fragmented and manual property transactions. The initiative aligns with the government’s fiscal priorities ahead of Budget 2026, which emphasize tightening governance, reducing leakages, and promoting private sector-led innovation.
Additionally, Lim cited the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act 2001 (AMLA) and the Risk Management in Technology (RMiT) framework as essential safeguards to ensure financial integrity. These measures include verifying identities and tracing funds within the property and financial ecosystems.
Infomina Geolytik stated that PaymentXchange connects property buyers with registered real estate agencies, ensuring deposits flow into verified accounts powered by Chip Asia, a Bank Negara Malaysia-approved payment gateway. This platform provides audit-ready visibility and reconciliation for stakeholders while supporting anti-money laundering and counter-financing of terrorism practices, as well as consumer protection.