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Foreign-local ownership ratio to increase
 
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Foreign-local ownership ratio to increase
Jan 17, 2011
NSTP
THE ratio of foreign to local ownership of high-end condominiums in Kuala Lumpur, which is at 30:70, is expected to increase as a result of the impact from the Economic Transformation Programme's Greater KL plan-Managing director of real estate consultancy Malaysia, Knight Frank Eric Ooi expects a return in buyer interest from Singapore, Hong Kong, Indonesia and the Middle East-He said foreign interest in 2011 will be either better than that in the past two years or return to its 2007/2008 peak, when it was at 50:50-...

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