QUOTE(nexona88 @ Nov 8 2019, 12:16 PM)
But I observed one trends...
There people who bought property in KV won't stay forever.. until work time only..
After retirement.. all balik kampung... Home state...
Build one big mansion with don't know how many endless rooms / bathroom 🤣
Correct me if I'm wrong 😉
QUOTE(Xaser_3 @ Nov 8 2019, 01:57 PM)
You are absolutely not wrong about this. Post retirement, not many people want to continue living in the city or urban areas. Most prefer the suburbs or smaller towns with land and less density. But lately, there is a new trend amongst the elderly group. They prefer to sell off their big landed property and move to a super condo or medium sized condo, single floored or single storey houses (which is very rare these days)
QUOTE(nexona88 @ Nov 8 2019, 02:14 PM)
Yup. Realized the new trend of moving into low density condo...
Security is one of the reason.. while easy maintenance too...
Retiree income is substantially lower. With less than 4% of adults in this country have over us$100k net worth and most of their assets is their primary home. Many retirees have no choice but move to cheaper abode.