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Malaysia: Reduced the minimum purchase price threshold for foreigners to acquire a property in Selangor

Description

On 27 April 2020, the Land Office of Selangor issued the Circular No.2/2020 to reduce the minimum purchase price threshold for foreigners to acquire a property in Petaling, Gombak, Hulu Langat, Sepang...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

01 Jan 2020

Revocation date

31 Dec 2020

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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