(What is this?)
Home > Malaysia > Property > News : Malaysian government to change investment rules
Not registered?  Join IPIN now FREE   |  Forgot password?

Malaysian government to change investment rules

Article Date : Friday, June 15, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Foreign investors are to be tempted to Malaysia by a relaxation of its strict rules, Prime Minister Abdullah Ahmad Badawi has said.

Depending on the success of moves to redevelop the southern state of Johor, which is seeking billions of dollars of investment from abroad, the prime minister commented that there was a possibility it could be repeated across the country, reports Bloomberg.

Johor, which is already one of the most developed states in the country, is looking at a two-decade plan of improvements.

According to the news agency, the government scrapped capital gains tax on property that was prohibitive to foreign investors earlier this year, enabling them to take out more than three mortgages from local lenders, while also offering new tax incentives.

In related news, Fidelity International recently claimed that the Malaysian commercial property market had benefited from greater urbanisation and industrialisation in recent years, reports Easier.

The firm noted that such trends had resulted in demand for commercial space increasing.
Listing Separator

Related Articles

  1. Kuwait: Malaysia Airlines launches new flight
  2. Malaysian Property Market Not Immune to Global Situation
  3. Mixed Messages About Investment Property in Malaysia
  4. Malaysia offers investment opportunities
  5. Malaysia recommended to property investors



Listing Separator

Let us search for you Let Us find Property in Malaysia for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Malaysia.
Let us searchHelp me find property in Malaysia


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Malaysia
Channel: All

More RSS FeedsGo

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo

Media/Press SectionMedia/Press Section

Are you a Press or Media professional? We have access to a wide and varied collection of data and statistics which may be of interest to you.

Journalists click hereGo

View News by ChannelSee Your News Here

Submit your news feed for spidering by our news robot. Simply enter the url of your RSS feed in the text box below and click the submit button

Submit Your RSS FeedGo