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Tag "luxury home glut"

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Foreigners can only purchase homes at reduced prices next year

KUALA LUMPUR: The proposal to lower the ceiling price of condominium and apartment units in the city for foreigners to buy from RM1 million to RM600,000 would be implemented for a period of one year only. Housing and Local Government

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Zuraida: Malaysia will appear deserted if houses are unoccupied

KUALA LUMPUR: Malaysia will be seen as a deserted land if the issue of unsold surplus houses and properties now estimated to reach almost RM100 billion is not promptly addressed, said Housing and Local Government Minister Zuraida Kamaruddin. Zuraida said

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Raja Bahrin: Stop polemics over luxury home glut

KUALA TERENGGANU: Everyone should stop the polemic over unsold luxury properties in the country as they are being promoted abroad under the procedures and conditions of Malaysia My Second Home (MM2H) programme. Deputy Housing and Local Government Minister Datuk Raja

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