news

FLASH: Putrajaya to lower foreign buying threshold for condos and apartments in urban areas from RM1m to RM600,000 in 2020

To reduce the high number of unsold condominiums and apartments amounting to RM8.3 billion in the second quarter of 2019, the Government will lower the foreign buying threshold for condominiums and apartments in the urban areas from RM1 million to RM600,000 in 2020.
 

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. Japan spouses apartments an option to avoid 'coronavirus divorce'
  2. Brooklyn landlord cancels rent for hundreds of tenants
  3. OCR Group terminates joint venture with D’nonce