{"id":130163,"date":"2026-07-14T14:13:27","date_gmt":"2026-07-14T06:13:27","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=130163"},"modified":"2026-07-14T14:13:29","modified_gmt":"2026-07-14T06:13:29","slug":"skbbk-explained-real-estate-agents-malaysia","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/skbbk-explained-real-estate-agents-malaysia\/","title":{"rendered":"SKBBK 2026 Explained: Who Is Affected and What It Means for Real Estate Agents"},"content":{"rendered":"\n
UPDATED 14 JULY 2026<\/mark><\/strong>
The rules changed fast. Following public feedback, the Cabinet made SKBBK (LINDUNG 24 JAM) contributions voluntary for Malaysian employees<\/strong> from 8 to 9 July 2026, while they stay mandatory for foreign employees<\/strong>. Malaysian workers are enrolled by default and can opt out through PERKESO’s online declaration, live since 13 July 2026. Self-employed agents are still not covered. The full picture is below.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

SKBBK,<\/strong> a PERKESO scheme branded as LINDUNG 24 JAM,<\/strong> went live on 1 June 2026 to expand accident protection for millions of workers. However, within weeks, the scheme was updated. As of July 2026, contributions are voluntary<\/strong> for Malaysian employees and mandatory<\/strong> for foreign employees.<\/p>\n\n\n\n

For property agents, the key question is not only how much SKBBK costs, but whether they are covered in the first place.<\/p>\n\n\n\n

This is where many people still get confused. SKBBK protects employees, but it does not cover the self-employed. In real estate, where many negotiators work on a commission basis, that distinction matters because it can decide who is protected and who needs to arrange their own safety net.<\/p>\n\n\n\n

This guide explains what SKBBK is, who is affected after the July update, how Malaysian employees can opt out, and why the right agency support matters when rules continue to change.<\/p>\n\n\n\n

Key Takeaways<\/strong><\/p>\n\n\n\n