PMO: Foreign ownership of property allowed, with conditions


  • Nation
  • Tuesday, 28 Aug 2018

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).

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Anwar arrives at Istana Negara
SAR op for missing Indian tourist resumes
Budget 2024: Seeking Climate Action-focused Support
Floods: Number of evacuees rises in Kedah
Supporting the ESG Agenda for SMEs
Malaysia’s spookiest Halloween event returns to Sunway Lagoon
Investing in dreams: $100k seed fund empowers women entrepreneurship
Inaugural National Climate Governance Summit in M’sia focuses on resilience
Inspiring sustainable living amongst M'sians
Pathway to net zero

Others Also Read