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,…
Source : South China Morning Post
Read more…Malaysian housing minister walks back Mahathir’s ban of overseas buyers in Country Garden project