Dr M: I was critical of Forest City, not foreign homeownership | TheStarTV.com

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Dr M: I was critical of Forest City, not foreign homeownership

Published on 15 Oct 2019 1:24:30 PM

Prime Minister Dr Mahathir Mohamad on Tuesday said he had criticised the Forest City development in Johor due to the nature of the project, not the prospect of foreign ownership.

His comments come as brickbats continue over the government’s decision to lower the threshold for foreigners buying high-rise homes from RM1 million to RM600,000.

Keywords
budget 2020, dr mahathir mohamad, foreign home ownership, forest city development, johor

Prime Minister Dr Mahathir Mohamad on Tuesday said he had criticised the Forest City development in Johor due to the nature of the project, not the prospect of foreign ownership.

His comments come as brickbats continue over the government’s decision to lower the threshold for foreigners buying high-rise homes from RM1 million to RM600,000.

Keywords:
budget 2020, dr mahathir mohamad, foreign home ownership, forest city development, johor

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