Johor to discuss lowering minimum price for property acquisition by foreigners | The Malaysian Insight

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Johor to discuss lowering minimum price for property acquisition by foreigners

Last year, Johor recorded a property overhang of 3,626 units priced RM500,000 and above, including 1,350 double- and three-storey terrace houses. – The Malaysian Insight file pic, May 4, 2019.

THE proposal to reduce the minimum price of Johor properties open to purchase by foreigners will be discussed at the next exco meeting. State Housing, Communications and Multimedia Committee chairman Dr Dzulkefly Ahmad said the Johor government wants to hear the views of all players – both directly and indirectly involved – in the housing sector.

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