Zuraida: Ministry to discuss foreign property ownership pricing issue with MOF | Malay Mail

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PONTIAN, Oct 13 — The Ministry of Housing and Local Government (KPKT) will hold discussions with the Ministry of Finance (MOF) on the lowering of the threshold for foreigners to purchase condominiums and apartments in urban areas from RM1 million to RM600,000. Housing and Local Government...

Sunday, 13 Oct 2019 09:52 PM MYTHousing and Local Government Minister Zuraida Kamaruddin speaks to reporters in Kuala Lumpur October 9, 2019. — Bernama pic

Housing and Local Government Minister Zuraida Kamarudin said there was a need to re-examine the policy, as there were many among the rakyat who disagreed with it. According to Zuraida, many were still unclear about the policy, and perceived that it had been proposed by her ministry, while it was actually under the jurisdiction of the Ministry of Finance.

 

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