Johor to lower threshold for foreign property purchase to RM600,000

Johor to lower threshold for foreign property purchase to RM600,000

Malaysiakini - News·2019-11-22 15:10

The two incentives announced by the Johor government in its 2020 Budget to curb the glut in the property market cannot be seen as signals to developers to continue building luxury homes in the state.

Instead, the move taken by the state government is in line with the federal government’s action by adding stringent conditions, State Housing, Communications and Multimedia Committee chairman Dzulkefly Ahmad said.

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Property Government

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