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I received a few enquiries on whether the reduction of the foreigner's home purchase threshold to RM600,000 has been implemented in Kuala Lumpur already this year 2020 as announced in the budget. If yes, which type of projects and what category of properties or criteria are applicable for this new government policy?.  


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I have been receiving a few calls from foreigners already asking to purchase properties within the RM600k foreigners purchase threshold as announced in the last budget for 2020. I have to educate them as the new policy was misunderstood..    

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So, what is the actual status now?

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No further updates on the implementation of the new threshold policy in Kuala Lumpur. To make things worst now no Ministers to oversee this policy.