Housing and Local Government Minister Zuraida Kamaruddin has clarified that the government is proposing to resolve the glut in high-end properties by marketing it abroad through the Malaysia My Second Home programme, not the Home Ownership Campaign as previously mentioned.
She had merely highlighted mainland China and Hong Kong as potential markets for such campaigns, she clarified, because of the high property prices in those places compared to Malaysia.Under HOC, local house-buyers would be exempted from stamp duty for the purchase of residential units built between January and December 2019.
Zuraida had told reporters at the fifth Smart Cities Asia Conference 2019 yesterday that the government is
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