India Intelligence Report

 

 

   Indians Buying Malaysia Property

  About 700 rich Indians, businessmen, and film stars seem to buying property for residential properties in Kuala Lumpur after Malaysian Government modification of rules regarding foreign ownership of property in December 2006.
     
 

About 700 rich Indians, businessmen, and film stars seem to buying property for residential properties in Kuala Lumpur after Malaysian Government modification of rules regarding foreign ownership of property in December 2006. These investments seem to have activated the slumped Malaysian real estate sector