Johor govt mulls lowering RM1mil threshold for property acquisition by foreigners

JOHOR BAHRU, 2 Sept -- Pengerusi Jawatankuasa Perumahan, Komunikasi dan Multimedia negeri Dzulkefly Ahmad ketika sidang media berkaitan operasi bersepadu bagi memadam kebakaran 16 hektar hutan di Jalan Tanjung Kupang dekat Gelang Patah sejak 21 Ogos lepas dihentikan mulai hari ini. Keputusan itu diambil susulan daripada status pemadaman kebakaran oleh Jabatan Bomba dan Penyelamat (JBPM) negeri, yang kini sudah mencapai 99 peratus. --fotoBERNAMA (2019) HAK CIPTA TERPELIHARA

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.