The Prime Minister said the decision does not mean that foreigners who bought the property would be given Malaysian citizenship. "If locals want to buy the property, they can buy it at the same (reduced) price, but we still have supply overhang. "We want to get rid of this property overhang...so that we can raise the price back to RM800,000, RM1mil or RM2mil. "But if foreigners bought the property, we will not give them Malaysian citizenship. They can only use it as their holiday home, ” Dr Mahathir, who is also Langkawi MP, told a press conference after attending a briefing on Langkawi’s development here on Sunday (Oct 13).
Source: The Star October 13, 2019 09:56 UTC