Nga: Country on the right track of house ownership


Housing and Local Government Minister Nga Kor Ming.

PETALING JAYA: If Putrajaya placed limits on homes bought for investments, the real estate sector in Malaysia could potentially collapse, affecting over 200-related industries, says the Housing and Local Government Minister Nga Kor Ming.

Nga said that Malaysia is a democratic country and it is important to ensure there is enough supply for housing in the market.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Official reserve assets total US$124bil, says BNM
Pakistan’s growth in September quarter slows
NCT Alliance gets nod for acquisition
Foreign investors dump bonds amid rupee slide
Nor Zahidi continues as MPC member
Indonesian stocks notch best year since 2014 on retail flows
Semico’s FY26 to FY27 revenue expected to grow�
CXMT eyes Shanghai listing to fund DRAM expansion
Malaysia Smelting appoints two co-group CEOs�
Alibaba, Abu Dhabi back AI startup MiniMax’s IPO

Others Also Read