In 2020, the Malaysian government will lower the minimum price threshold for foreign buyers on high-rise property, reported Property Hunter (17 December 2019). The new ruling will only apply from January to December 2020 after which, the threshold reverts to RM1 million. Juwai IQI executive boardmember, Kashif Ansari, said the real estate industry views positively the government's move to temporarily reduce the minimum price threshold for foreign buyers. Juwai IQI forecast there will be stronger interest from Chinese buyers next year
