Johor Housing, Sept. 20 -- The Johor government will be looking at the feasibility of lowering the current RM1 million price threshold for foreigners to buy properties in the state, in an effort to sell off unsold properties.

Johor Housing, Communication and Multimedia Committee chairman Dzulkefly Ahmad said such a move will help with properties priced at RM600,000 and above that make up between 60 and 70 per cent of unsold properties here.

He said that the state government will be looking to review the current RM1 million threshold for foreigners to buy property in Johor before coming to a decision.

"At present, the state Land and Mines Office will review the proposal as the matter comes under their jurisdiction," he said after launch...