Malta’s property market showed continued resilience and sustained confidence during the first four months of this year, with the latest Promise of Sale data confirming another exceptionally strong period for the sector.Figures for April indicate that Promise of Sale agreements rose from 1,593 in April 2025 to 1,738 in April of this year- an increase of approximately 10%.In value terms, total declared Promise of Sale agreements increased from €551.7 million to €646 million, marking a rise of more than €94 million, or approximately 17%.Both in terms of volume and value, this year recorded the strongest April ever registered for the Maltese property market.The positive performance is also reflected in the cumulative figures for January to April.During the first four months of this year, the total value of Promise of Sale agreements reached approximately €2.255 billion, compared to approximately €1.908 billion in the same period of 2025. This represents an increase of around €347 million within one year.The Malta Development Association stated that these results continue to underline the importance of the property sector as one of the main pillars of the Maltese economy, while also reflecting ongoing confidence from Maltese families, investors and foreign buyers in the local market.The Association also noted that the latest figures align with recent observations by the Central Bank of Malta and its Governor, Alexander Demarco, who stated that property prices in Malta had been somewhat undervalued in recent years, with this undervaluation gradually diminishing as prices move closer to fair value.The MDA stated that these observations confirm that the Maltese property market remains fundamentally supported by real economic activity, sustained demand, employment growth and long-term investment confidence, rather than speculative market behaviour.The Association further noted that the sector continues to generate substantial economic activity across multiple industries and professions, including construction, manufacturing, financial services, legal services, architecture, engineering, hospitality, retail and other supporting sectors.At the same time, the MDA emphasised that economic success must continue to be matched with responsible planning, improved infrastructure, environmental protection, higher quality standards and policies that support accessibility to home ownership, particularly for younger generations.During the current electoral campaign period, the Association urged all political parties to maintain a balanced and responsible approach towards housing, investment, infrastructure, planning reform and sustainable economic growth.The MDA reiterated that long-term stability, clear policies, efficient permitting processes and continued collaboration between government, opposition, industry stakeholders, professionals, NGOs and civil society remain essential to ensure that Malta continues to build a property market that is sustainable, competitive, and beneficial for future generations.What do you make of this?•