HBA honorary secretary-general Datuk Chang Kim Loong(pic) was commenting on the Johor state government’s proposal to lower the current RM1mil price threshold to RM600,000 in an effort to reduce its stock of unsold properties.
KUALA LUMPUR: The National House Buyers Association (HBA) said the lowering of the floor price for foreign property buyers sends the wrong signal to developers.
HBA honorary secretary-general Datuk Chang Kim Loong was commenting on the Johor state government’s proposal to lower the current RM1mil price threshold to RM600,000 in an effort to reduce its stock of unsold properties.
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