Step 1: Pin down the object's own specific gravity first, using the water data.
When a body floats, the fraction of its volume submerged equals the ratio of its own density to that of the liquid it floats in. Since $\frac{1}{3}$ of the volume is above water, $\frac{2}{3}$ is submerged, so directly:
\[
\text{SG}_{\text{body}} = \frac{2}{3}\times\text{SG}_{\text{water}} = \frac{2}{3}\times1 = \frac{2}{3}
\]
Step 2: Apply the same submerged-fraction rule to the new liquid.
\[
\text{fraction submerged} = \frac{\text{SG}_{\text{body}}}{\text{SG}_{\text{liquid}}} = \frac{2/3}{1.5} = \frac{2}{3}\times\frac{2}{3} = \frac{4}{9}
\]
Step 3: Subtract from the total volume to get the part above the surface.
\[
V_{\text{above}} = V - \frac{4}{9}V = \frac{5}{9}V
\]
Step 4: Sanity check.
The new liquid is denser than water, so it should support the body's weight with less volume submerged, and indeed $\frac{4}{9} < \frac{2}{3}$, confirming the answer moves in the right direction.
Step 5: Conclusion.
\[
\boxed{\frac{5V}{9}}
\]