We are right after all… it’s a fire sale
The Finance Minister announced during the recent National Budget 2020 that the government is lowering the threshold on high rise property prices to RM600,000 from RM1 million for a year. This is to enable foreign ownership of condominium and apartments in urban areas to reduce the existing overhang of these properties that amounted to RM8.3 billion in the second quarter of 2019. As such we wish...
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