PMO: Foreign ownership of property allowed, with conditions

Prospective buyers look at a model of the development at the Country Gardens' Forest City showroom in Johor Baru on Feb 21, 2017. – Reuters/Edgar Su

PETALING JAYA: The Prime Minister's Office has clarified that foreigners are allowed to own property in Malaysia, provided that certain conditions are met.

"On property purchased by foreigners, irrespective of nationality, Malaysia imposes certain conditions and information on these existing conditions are publicly available," said the PMO in a statement on Tuesday (Aug 28).