NGO blasts Penang's decision to lower property prices for foreign buyers

The Penang government's decision to ease pricing rules for the purchase of property by foreigners had raised the ire of a local NGO.

According to the Consumers’ Association of Penang (CAP), the government’s attempt to revive the real-estate sector, which has been adversely affected by the Covid-19 pandemic, was said to be a "bad decision".

CAP president Mohideen Abdul Kader urged the state government to refrain from trying to rescue...