http://www.thestar.com.my/Business/Busines...some-districts/

Nice move, finally. Need to control the speculation by foreigners.

This is a good policy to teach the speculators an expensive lesson. Because of them, many young generations have to buy inflated residential properties.

Foreigners will stop coming in, at least for next 2 years. It is Johor, now Selangor, who is next, Penang and KL perhaps? Foreigners, especially Singaporeans, will wait and see.

Hopefully, government will make impose other cooler measures to control further speculation. I am awaiting Bank Negara for another 1 or 2 rounds of interest hike.