Malaysia Offer to Purchase (OTP) Mechanism Review: 3-Month Cooling-Off Period, Developer Exit Clauses, and Property Overhang Outlook (2026)
Malaysia’s proposed Offer to Purchase (OTP) mechanism introduces a mandatory three-month cooling-off period where signed SPAs remain unstamped. Under the HDA framework, this gives buyers and developers a bilateral exit buffer to curb abandoned project risks and suburban property overhang before long-term financial liabilities escalate.