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Foreign buyers won't affect local property market, say developers

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Rehda says there is nothing unusual about selling property to foreigners. FMTNews

Rehda president Soam Heng Choon with the group’s property industry survey released today.

Rehda also welcomed Putrajaya’s plan to promote its Home Ownership Campaign to foreigners, adding that it was nothing unusual. “Rest assured it will not contradict our aim of selling affordable housing only to Malaysians,” Rehda president Soam Heng Choon said after a briefing on the property industry outlook today.

 

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Yeah, right. That's why developers more inclined 2 build more beyond-reach-prices properties, instead of affordable priced ones.

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 /  🏆 5. in SE

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