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Malaysia attracts overseas property investors
The new rule means buyers will not face any restrictions on property usage or the number of units they can acquire,
The ministry's "First Half 2006 Property Market Report" showed the property market activities decreasing by 4.1 percent in volume of transactions to 131,321 transactions worth RM28.81 billion compared with 136,940 transactions in the same period 2005.
However, the value of transactions increased by 1.4 percent and 1.6 percent compared with RM28.42 billion in the first half of 2005 and RM28.36 billion in the second half of 2005 respectively.
© International Property News by HomesGoFast.com
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