Prime Minister Anwar Ibrahim holds constitutional authority to advise the Yang di-Pertuan Agong on early dissolution of the 15th Parliament, which first sat in December 2022 and would otherwise expire automatically in December 2027. Recent state assembly dissolutions and polls in Johor and Negeri Sembilan, alongside upcoming contests in Melaka and Sarawak, have heightened speculation that federal elections could align with remaining state votes to reduce costs and consolidate coalition momentum. Trader consensus around a mid-2027 timeline reflects Anwar’s public statements ruling out immediate snap polls, combined with ongoing assessments of Pakatan Harapan performance, internal unity government stability, and the Election Commission’s redelineation process. Key near-term catalysts include state poll results, any formal announcements from Putrajaya, and shifts in parliamentary calendar signals that could accelerate or delay action before the maximum term.