The legal process of taking possession of a residential property when the owner is unable to make mortgage payments is known as foreclosure and it is a complex issue in Malaysia.
Although foreclosures are less common here than in some other countries, they can still have significant effects on individuals, communities and the broader economy. Lawmakers, real estate investors and home owners need to understand the factors driving foreclosures, the judicial processes involved and the potential consequences.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!