Why Malaysia's Property Industry Must Get Digitally Compliant Now

On February 3, 2026, The Star reported a critical development: The Inland Revenue Board (LHDN) has uncovered RM1.4 billion in unreported income through systematic e-invoice audits.

This isn't a warning—it's active enforcement. And the property sector is next.

The Numbers Every Property Professional Needs to Know

According to LHDN's statement released on Tuesday (Feb 3):

• 979 million e-invoices analyzed since launch
• 500,000+ entities flagged for missing tax records
• 17,188 taxpayers forced to correct their filings
• RM290 million in penalties collected

LHDN's message is clear: they will "continue to ensure taxes are collected fairly and equitably, while detecting non-compliance" through data-driven technology.

Why Property Transactions Are In the Crosshairs

Property deals involve multiple trackable financial flows:

• Booking deposits and progressive payments
• Agent commissions and referral fees
• Legal and disbursement fees
• Contractor and vendor payments

Every transaction creates a digital trail. LHDN has proven they can—and will—audit these systematically.

Plus, e-SPA is now mandatory in 2026, requiring digital booking records, audit-ready payment trails, and real-time compliance documentation.

Manual processes through WhatsApp and Excel sheets? Those now equal regulatory risk.

The Real Cost of Non-Compliance

Beyond the RM290 million in penalties already collected, non-compliance costs property businesses:

• Deal delays (buyers walk away)
• Bank loan rejections (64% national rate)
• Lost sophisticated buyers expecting digital standards
• Audit expenses and reputation damage
• Time wasted reconstructing records

Can your business afford this?

How MHub Solves Both E-Invoice and E-SPA Compliance

Unlike generic accounting tools retrofitted for property, MHub was built specifically for the complexity of property development workflows.

The difference? While others offer manual portals or basic tools, MHub provides a unified dashboard that handles multi-project consolidation, automated progress billing, and real-time validation—all with full compliance audit trails built in.

Every booking automatically syncs with HIMS. Every transaction generates compliant e-invoices. Every document is e-SPA ready through direct KPKT Rakan Integrasi integration.

Zero manual entry. Zero scattered records. Zero compliance gaps.

It's why MHub processes RM118 billion+ in transactions across 350,000+ bookings and 5,500+ projects—with government-grade data integrity from booking to closing.

Don't Wait for the Audit

LHDN's February 3 announcement is your early warning. The enforcement exists. The mandate is clear.

You can get ahead of enforcement—or scramble after the fact.

Property leaders are choosing to get ahead.

Ready to future-proof your property business with full compliance built in?

See how MHub makes e-invoice and e-SPA compliance automatic while accelerating your sales operations.

[Book a Free Demo] - Limited slots available for February 2026

Source: "Revenue Board uncovers RM1.4bil in unreported income via e-invoice checks" - The Star, February 3, 2026

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