“Significant upward trend in both volume and value during April on POS agreements” – MDA

by Gozo News · May 3, 2025

Zebbug view, Gozo The Malta Development Association (MDA) has announced the “latest figures” for the promise of sale agreements, which, it says, “show a significant upward trend in both volume and value during April, reflecting robust activity in Malta’s real estate market.”

The MDA statement on Saturday does not reveal the source of the quoted figures. The National Statistics Office are yet to release data for April on the number of promise of sale and final deeds of sale.

In Gozo for March, the number of promise of sale agreements were the second lowest of all the districts, as were the final deeds of sale.

According to the MDA, the “key highlights for April” are:

• Increase in Number of Promise of Sales: The total number of promise of sale agreements rose from 1,385 in April 2024 to 1,574 in April 2025, marking an increase of 189 agreements, or a 14% rise.

• Increase in Revenue: Revenue generated from these agreements surged from €415,295,353 in April 2024 to €551,387,491 in April 2025. This represents an “impressive” growth of €136,392,138, translating to a 33% increase.

• Record-Breaking Month: In terms of the value of promises of sale, April 2025 “stands out as the best-performing month ever,” with the exception of December 2021, when the COVID-related incentives reached their peak.

The MDA stressed that “these figures underscore the continued resilience and attractiveness of Malta’s property sector, as well as its crucial role in the broader economic landscape.”

It said that it “remains steadfast in its mission to foster sustainable development practices and better future planning within the real estate industry. To achieve these goals, the MDA will actively push for reforms aimed at enhancing industry standards, promoting transparency, and ensuring that growth is aligned with sustainability principles.”

The MDA reiterated its “dedication to advocating for innovative policies, engaging with stakeholders, and promoting initiatives that balance market growth with sustainability. Our focus is to enhance the quality of life for current and future generations while supporting a thriving real estate market.”

“The positive trends reflected in the promise of sale data for April 2025 highlight the importance of maintaining momentum while addressing the challenges of a rapidly evolving industry.” The MDA concluded that it will “continue to champion initiatives that ensure the sector remains vibrant, ethical, and prepared for future opportunities.”