The problem for a landlord renting out a furnished home is that after spending $$$ on furnishing it. You have to charge higher rent to cover the added cost.
That is precisely the problem. Why not furnish it and charge higher rent ? That will reflect the true value of the market rental.
And we're talking about very basic furnishing. Is it too much to ask for a kitchen cabinet with a stove or hotplate ? And air conditioning in the master bedroom ?
I think the real problem is money or NO money. They have money to buy the house because they're m&ds they can buy it cheaply. But they don't have money to do some basic furnishing. They're still paying monthly installments for the mortgage.
Whilst there is discrimination against foreigners buying houses where the minimum purchase price has to be RM1 million, the renovation market makes no such distinction. They don't have RM30,000 to do a basic renovation.