KUALA LUMPUR: The ringgit inched higher against the US dollar at Thursday’s close, supported by the stable inflation data.
KUALA LUMPUR: The family members of developers of abandoned housing projects may be barred from leaving the country in the near future, says Housing and Local Government Minister Nga Kor Ming.
Nga also said Putrajaya would not limit anyone from buying houses for investments, as doing so could cause the collapse of the real estate sector and potentially affect about 200 related industries. Khairy and Shahril said 60% of unsold homes are high-end properties that are too expensive for most people.
Nga said the government and the Malaysia Institute of Architects would hold a competition for market designs soon.
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