Vote down because the rental rate in KL city is much lower relatively against the price of the property itself compared to 5 years ago.
For example: a condo worth 300k in year 2008 can rent for rm1200 and now similar condo is sold for 550k but can rent out for rm1600-1800
the younger gen and middle class will not have enough holding power and if there is any negatve sign of economy, all middle class property will crumble. Just my opinion.
This post has been edited by jing_kohkoh: Mar 24 2013, 01:19 PM
V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...
Mar 24 2013, 01:17 PM
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