SUBSCRIBERS
Weaker ringgit may mean good time for foreigners to pick up Malaysian property
Published Thu, Dec 4, 2014 · 09:50 PM
Kuala Lumpur
FOR foreigners looking to buy property in Malaysia, the weaker ringgit comes as a boon. It may be still too early in the day, but realtors hope to see a pick-up in interest.
Malaysia Institute of Estate Agents Johor chairman S Vadeveloo said: "If the ringgit continues to trend lower over the next two to three weeks, I foresee some Singaporeans might think it's a good time to buy."
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co