Starting Dec. 1, Malaysia's Sabah enacts a 30% homeownership quota for Bumiputera in private housing.

Starting December 1, the Sabah Government in Malaysia will implement a new policy requiring a 30% quota for Bumiputera homeowners in private housing, up from 20%. Bumiputera buyers will now have the right to choose their preferred housing units and can resell their homes without restrictions. This policy aims to enhance homeownership and fairness in the housing market for Bumiputera individuals.

November 29, 2024
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