Abang, Developing country have more spending power

when things are still going up (incl debt), most people can do demi-god talk, easy. when things go down, many tails will drop between the legs, no talk.

if investors/speculators are demi-gods, developers are now full gods - they can sell via online!

if true, rest assured more will do the same - until the party stops. the rest, u can imagine...

Steven83, where is the location of that house?

what do you mean by ghost houses? got ghost or just nobody staying?

If u do not kno the exact reason then don't spread rumous la... A house can be vacant for many other reasons, don't start a rumous like a '3 aunty 6 aunty'.....

How long has this place been vacant?

What truth? U says....
One of the ghost house in prima areas.
Then,
I just making joke
And now,
its vacant because no buyer offer the price they want.
Open your own eye bigger first.
The End.

I think there's few wic is close to 3 years vacant since VP'ed.. Even in places such as B.Kinara and B.Jalil, there's couple in Denai Alam and Puchong South which I have came across... But it also shows the holding power, nt easy to hold a property for tat long without renting it, but it could also be due to the lower property price but holding few properties at a time could be challenging...

Why is this trend so prevalent nowadays?

In setapak.

saw this in newspaper

affordable housing.

PR1MA cannot sell in 10 years right... why private developer worry so much...

Sungai ara is not really a prime area but the hse prices juz increased like there's no tomorrow... I realize there's a lot of empty hse, especially near batu maung and also balik pulau... It looks like it's a panic buy and currently Png folks juz can't seems to afford it anymore, the salary back in Png is much lower than in what we earn in KL/Selangor so soon or later it's gone drop but it won't be tat much since island land is limited, nt so sure if the price is sustainable anymore.. But the condo's back in Png is becoming even worse, some looks like those condo's back in MK.. Empty... The worst part, rental yield is so dam bad..

Guys, a boss of mine said if opposition wins, property investment will collapse. Agree? I dont coz i think the market drives it. Government has a bit influence but mainly market

Woohoo...let's vote for PR. We can buy cheap properties 

Nothing is impossible. If the new government really care about rakyat who suffer without own dwelling, they can implement harder regulation like you said :

1. LTV to 50% or even 30% for 2nd property onward
2. First house owner given 1st priority during launch
3. Developer gives 7% discount to first time buyer (sounds familiar ?  )
4. Force banks to give special interest rate to 1st home buyer (bank fulfilling duty of a good corporate citizen)
5. RPGT 50% for disposal within first 5 years after VPed