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.
 

SHARE
RELATED POSTS
  1. Urban Renewal Bill: Govt to raise consent threshold to 80% for all projects, demographics to be considered as debate pushed back to next Parliament sitting
  2. Binastra secures RM315m contract to build apartments
  3. Vizione wins RM250m construction job to build apartments in Semenyih