Tag "luxury home glut"
Back to homepageForeigners 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
Read MoreZuraida: 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
Read MoreRaja 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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