JOHOR BARU: The Johor government is looking at lowering the current RM1mil threshold for foreigners to buy property as an incentive to sell off 51,000 unsold properties in the state.
State Housing, Communication and Multimedia Committee chairman Dzulkefly Ahmad (pic) said that properties priced at RM600,000 and above make up between 60% and 70% of unsold properties here.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!