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‘Scrap foreign home ownership thresholds to curb oversupply’

“The thresholds are very odd. Foreigners can buy properties priced above RM1 million in some areas while for other areas the threshold is RM2 million.
 If I had my way, I would actually remove these thresholds or bring them down dramatically, just until we get over this hump of oversupply. I hope the government can bring some rationalisation to the thresholds."

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