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Minister defends plan to offload unsold luxury properties to foreigners – MalaysiaCapture

Minister defends plan to offload unsold luxury properties to foreigners






Housing and Local Government Minister Zuraida Kamaruddin says her plan to sell unsold luxury properties to foreigners will help address the glut Malaysia currently faces. – MalaysiaCapture pic, September 16, 2019.

HOUSING and Local Government Minister Zuraida Kamaruddin today defended her proposal to sell unsold luxury properties to foreigners under the Malaysia My Second Home (MM2H) programme.

Facing criticism, she said the move is necessary to enable the government to focus on affordable housing, and to address glut in the high-end property segment.


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