Tag: property overhang in malaysia
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Lower threshold does not mean more will suddenly buy.
In my recent talk in Singapore (November 2019), a number of them were asking about the new RM600,000 threshold for foreigners to buy a property in Malaysia. I reminded them that it is NOT for any unsold property. It is only for overhang properties. That’s unsold properties after key handover for 9 months or more.…