{"id":112246,"date":"2019-11-10T07:30:11","date_gmt":"2019-11-10T00:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-us145000-malaysian-homes-get-cheaper-for-foreign-buyers-will-locals-pay-the-price\/"},"modified":"2019-11-10T08:02:48","modified_gmt":"2019-11-10T01:02:48","slug":"at-us145000-malaysian-homes-get-cheaper-for-foreign-buyers-will-locals-pay-the-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-us145000-malaysian-homes-get-cheaper-for-foreign-buyers-will-locals-pay-the-price\/","title":{"rendered":"At US$145,000, Malaysian homes get cheaper for foreign buyers. Will locals pay the price?"},"content":{"rendered":"


\nForeigners looking to buy property in Malaysia can now do so for as little as 600,000 ringgit (US$145,000) following a controversial move by the government to slash the threshold for foreign buyers by 40 per cent to address an oversupply of high-rise units.Finance Minister Lim Guan Eng announced the measure last month when he outlined Malaysia\u2019s 2020 federal budget, saying that addressing the oversupply would boost the economy. Just days later, Prime Minister Mahathir Mohamad warned that \u2026
\n
\nSource : South China Morning Post
\nRead more…At US5,000, Malaysian homes get cheaper for foreign buyers. Will locals pay the price?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Foreigners looking to buy property in Malaysia can now do so for as little as...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-112246","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tcq","jetpack-related-posts":[{"id":35628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/malaysian-developers-turn-to-foreign-investors\/","url_meta":{"origin":112246,"position":0},"title":"Malaysian developers turn to foreign investors","date":"November 24, 2016","format":false,"excerpt":"\r The big woo-athon for overseas buyers begins A weak ringgit, growing oversupply and slow local sales saw developers courting foreign buyers, sending their agents to road shows abroad to promote their projects. And with China as their biggest market, some agents travel to different Chinese cities on a monthly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/malaysia-wants-wealthy-hong-kong-mainland-china-investors-to-absorb-us8-9-billion-residential-property-market-oversupply\/","url_meta":{"origin":112246,"position":1},"title":"Malaysia wants wealthy Hong Kong, mainland China investors to absorb US$8.9 billion residential property market oversupply","date":"October 30, 2019","format":false,"excerpt":"\r Malaysia is seeking to avert a housing market crisis by luring foreign buyers to its rising stock of unsold homes, targeting wealthy mainland Chinese and Hong Kong residents with fast-track residency visas.The Southeast Asian country this month lowered the threshold for overseas buyers of residential property to 600,000 ringgit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-buyers-are-welcome-in-country-gardens-forest-city-township-johors-chief-minister-says\/","url_meta":{"origin":112246,"position":2},"title":"Foreign buyers are welcome in Country Garden\u2019s Forest City township, Johor\u2019s chief minister says","date":"September 4, 2018","format":false,"excerpt":"\r The chief minister of the Malaysian state of Johor said on Tuesday foreigners are welcome to buy property in Chinese developer Country Garden\u2019s controversial US$100 billion Forest City project on Malaysia\u2019s southern shore. Forest City is a 30-year project that provides jobs for Malaysians, chief minister Osman Sapian said,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-villa-oversupply-leads-to-18-drop-in-prices-at-the-springs\/","url_meta":{"origin":112246,"position":3},"title":"Dubai villa oversupply leads to 18% drop in prices at The Springs","date":"January 21, 2016","format":false,"excerpt":"\r \r Sale prices of villas at The Springs community in Dubai have dropped by 18 per cent over the past year as buyers have opted for cheaper, newly completed stock in secondary communities such as Jumeirah Village Triangle and Al Furjan, according to Cavendish Maxwell.The company\u2019s Q4 2015 Dubai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9252,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-causing-home-prices-in-malaysia-to-rise\/","url_meta":{"origin":112246,"position":4},"title":"What\u2019s causing home prices in Malaysia to rise?","date":"March 26, 2016","format":false,"excerpt":"\r Bye-bye, DIBS Image taken from Wikimedia Commons Malaysian authorities have recently banned the Developer Interest Bearing Scheme (DIBS) because it made residential prices more expensive. According to Bank Negara Malaysia (BNM) Deputy Governor Dr Sukhdave Singh, DIBS has\u00a0helped home builders to sell houses. Under the scheme, home buyers need\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singaporean-homes-still-a-hit-among-chinese-buyers\/","url_meta":{"origin":112246,"position":5},"title":"Singaporean homes still a hit among Chinese buyers","date":"March 21, 2016","format":false,"excerpt":"\r Things might have slowed down a bit, but overall it\u2019s better than 2008 Mainland Chinese and Malaysian buyers formed 54 percent of foreign home purchases in 2015 Despite facing weaker currencies and slowing economies, mainland Chinese and Malaysians remain the top foreign buyers of Singapore property, revealed DTZ. Together,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112246"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=112246"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112246\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}