Malaysia’s government is looking into the extent of overseas ownership in the country’s largest residential property project, 24 hours after the prime minister made a comment that suggested he would ban foreigners from buying real estate in Country Garden Holdings’ Forest City township.
Whether Country Garden can sell bungalows, flats and villas to foreigners is “still undecided” for the time being, said Housing and Local Government Minister Zuraida Kamaruddin, according to Malaysian media.
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