Nga: Country on the right track of house ownership

Quick Summary:

If Putrajaya placed limits on homes bought for investments, the real estate sector in Malaysia could potentially collapse, affecting over 200-related industries, says the Housing and Local Government Minister Nga Kor Ming (pic).

Housing and Local Government Minister Nga Kor Ming.

Khairy and Shahril had said 60% of unsold homes are high-end properties that are too expensive for most people.

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Article Details

Author / Journalist: TARRENCE TAN

Category: EconomyBusiness

Markets: Malaysia

Topics: PropertyOwnership Budget2025 HousingIndustry /Business/Business News InvestmentImpact EconomicStability PropertyMarket AffordableHousing Property

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 00:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23229380

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 16 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #22

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