More foreigners eyeing properties


GEORGE TOWN: There is a surge in demand for residential properties priced above RM1mil from foreign nationals this year compared to a year ago due to a weaker ringgit, say property experts.

Ideal Property Group general manager (sales & marketing) Nancy Teo said due to the current value of the ringgit, foreign enquiries for high-end properties had surged by a double-digit percentage.

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