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> Why people say after general election price drop, Please share

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SUSadvocado
post Apr 6 2012, 03:45 PM

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You can't compare demand with population growth as usual people only start to buy properties in their mid 20's, so you need to compare the population growth maybe 20 years back, those who are now grown ups & ready to purchase properties.


QUOTE(twincharger07 @ Apr 6 2012, 01:16 AM)
talking about facts and figures, I am surprise that the latest Malaysia Property Report 2011 shows that the residential launches in 2011 is only 49290 unit, 2010 - 47698 unit.. the supply is down compared to 2007 - 52664 unit and 2008 - 48830 unit.

Msia population growth 2.6% perannum including birth death and migration, thats about additional 700,000 ppl per year.. i wonder will there be shortages of houses rather than over supply..  or REHDA giving false statistics hmm.gif

are we running out of supply? so if demand exceed supply, how property crash bcos of election?

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SUSadvocado
post Apr 7 2012, 08:10 AM

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QUOTE(twincharger07 @ Apr 6 2012, 11:32 PM)
we havent include urban migration, adults from other states coming to KV
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So you are pulling the wrong statistic for comparison.

 

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