Saturday 1 September 2018

Malaysia bans foreign buyers at $100B Chinese-backed development

Malaysia is banning foreign buyers from purchasing homes in a new $100 billion development, the latest in a string of real estate clampdowns across the globe. Malaysian Prime Minister Mahathir Mohamad on Monday said foreigners would be blocked from buying homes at Forest City – a huge residential complex being built by Chinese developer Country Garden Holdings Co. on a group of artificial islands in the city of Johor, Bloomberg News reported. Mahathir also said […]



source https://therealdeal.com/2018/09/01/malaysia-bans-foreign-buyers-at-100b-chinese-backed-development/

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