The concern is that reducing the threshold will allow foreigners to compete with local buyers, leading to pressure on house prices.  
 

Finance Ministry: The residential subsector is expected to grow at a slower pace, mainly due to elevating property overhang caused by the mismatch between supply and demand.

In 2020, the construction sector is expected to grow further to 3.7% on account of acceleration and revival of mega projects as well as the building of affordable homes.

Party president Datuk Seri Dr Wee Ka Siong: This involves a sum of RM52.7 million. Pity the contractors and the people.”

"The MACC's approach is to give priority to higher sums. The criteria is the sum and not other matters.”

Mohd Zuhair said they received the emergency call at midnight.

According to previous witness Datuk Amhari Efendi Nazaruddin, in 2009, a representative of Istana Negara had refuted Jho Low's claim that he was an adviser of the Agong, who was then Sultan Mizan Zainal Abidin of Terengganu.

“With greater coverage, we will see an increase in revenue collection over time.”

"I read in the newspapers what the people want is lower taxes and an increase in subsidies, that is contrary. You can't have lower taxes and then increase in subsidies.”

A majority of the respondents in the online survey also urged the government to have more initiatives to support the less fortunate, ensure a balanced development for all states and provide equal opportunities for all and irrespective of race and religious beliefs to achieve the Shared Prosperity Vision (WKB) 2030.