GEORGE TOWN: The state government has increased the minimum price for foreign purchases of landed properties on Penang island from RM2mil to RM3mil.
State Housing Committee chairman Jagdeep Singh Deo said the increase was to protect the interest of locals due to the depreciation of the ringgit.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
