Jan 15 2014, 09:57 PM
QUOTE(accetera @ Jan 14 2014, 05:52 PM)
An unprecedented amount of sales dropout in almost all new launches, some quite bad (dowan mentioned which project but is discussed here in LYN also). Alot of people are selling in subsale now. Some giving generous discounts.
On the other hand, several new launches will be coming onstream gradually, at a much slower pace. Developers expect people will "cool down" from the cooling measures as we are still pretty much at the preliminary stage of "Inflation Uprising" (you guys probably know what is going up again).
Technically, the Malaysian bubble is more akin to a slowdown.
When developers hardly develop the piece of land in kl town and pj while on the other hand population is growing to another 20% more after 4 years, existing property prices will likely grow up dramatically again On the other hand, several new launches will be coming onstream gradually, at a much slower pace. Developers expect people will "cool down" from the cooling measures as we are still pretty much at the preliminary stage of "Inflation Uprising" (you guys probably know what is going up again).
Technically, the Malaysian bubble is more akin to a slowdown.
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