KUALA LUMPUR (June 13): A balancing act is what governments must do when they attempt to strike a balance between the social and economic impact that the foreign ownership of properties will have on their respective countries, The Edge reported today.
PETALING JAYA (Oct 30): The Selangor branch of Real Estate and Housing Developers’ Association (Rehda) is in favour of the state reducing the threshold price for foreigners buying high-rise properties, and is currently in discussions with the state government, according to its chairman Zulkifly Garib.
KUALA LUMPUR (Oct 30): A Hong Kong daily has reported that Malaysia is “luring foreign buyers” of unsold homes, “targeting wealthy mainland Chinese and Hong Kong residents”.
KUALA LUMPUR (Oct 24): Economist Muhammed Abdul Khalid said the government should not adjust the price threshold for foreigners to buy houses and let the property market adjust itself, according to a report today in Free Malaysia Today.
PETALING JAYA (Nov 20): Johor wants the RM1 million floor on foreign property investment in the country to be reviewed, said its Housing and Local Government committee chairman Datuk Md Jais Sardy.