Zuraida mulls selling RM100bil worth of unsold high-end property to China, Hong Kong buyers


Minister of Housing and Local Government (KPKT) Zuraida Kamaruddin adressing during the Smart Cities Asia Annual Conference and Exhibition 2019 at the Kuala Lumpur Convention Centre yesterday. (11/09/2019/S.S.KANESAN/The Star)

PETALING JAYA: Housing and Local Government Minister Zuraida Kamaruddin is mulling the possibility of marketing RM100bil worth of unsold high-end houses to buyers in China and Hong Kong.

Zuraida said the Home Ownership Campaign could be launched in China or Hong Kong to overcome a high-end unit glut in Malaysia.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Nation

13 residents escape unharmed in Temerloh Jaya house fire
No issues with foreign hiring system
Forest plantation areas capped at 3% of reserves
SAM to expand to 1,500 schools
Hopes for a better future push student inmates to excel in SPM
‘Zombie’ puffs stopped dead
Man beheads college girl in broad daylight
New format can reduce errors but increases workload
Australia, M’sia unite to support Pope Leo’s call for peace
Help cross-border pupils, cops told

Others Also Read