Investment WANGSA 9 RESIDENCY [OWNERS' THREAD], The tallest Condo in Wangsa Maju
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 Aug 24 2021, 04:40 PM
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#1
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Senior Member
2,834 posts Joined: Dec 2020  
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This is a tough one. The nicest block in an average location. Alot of upper middle class units up for grabs nowadays with way below break even rent for landlords. Yes the MM2H criteria don't make sense. I reckon they should do either/or tests not both if they want to stick to those levels. Long term outlook for expats is very shaky. Spurman liked this post
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Nov 24 2021, 12:09 PM
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#2
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Senior Member
2,834 posts Joined: Dec 2020
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Very interested to see future Chinese demand for properties in Malaysia going forward. There’s obviously a more insular sentiment now and they are well aware of the racial tensions here.
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Nov 24 2021, 05:20 PM
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#3
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Senior Member
2,834 posts Joined: Dec 2020
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QUOTE(marvellHero @ Nov 24 2021, 04:41 PM) Agree with you Cavatzu. Add to that the capital controls on RMB and the fallout of major Chinese developers. Doubt they can do the buy 1 in Shanghai get 1 free in Johor bonus anymore 😂In addition, the Covid19 pandemic and the new terms in the MM2H made contraction to property demand for foreigners. Recent news in the Star, Property overhang in the H1-2021 still demonstrated an uptrend. However, I saw in many places in KL and Selangor area, still many new and ongoing condo projects continue raising up. I'm not sure how is the developer copes with this situation.  |
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