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 subsale property price coming down

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TScassandra tan
post May 13 2015, 08:21 PM, updated 11y ago

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hi, I notice the property price in klang valley is slowly coming down thanks to the poor economic outlook for Malaysia and our political stability is also a big question mark lately. GST is also a factor as people has less money to spend . Do you agree with this observation? Of course I agree the new launching keeps on going up.
TScassandra tan
post May 13 2015, 09:10 PM

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QUOTE(nookie188 @ May 13 2015, 08:49 PM)
transactions are going down..prices are stagnant for the most part.
...for how long this will persist no one knows for sure..if wanna guess, I would think transactions will pick up
in 6 months time or so.
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hi, why do you think transaction will pick up in 6 months? Businesses are really suffering now and many retail shops are losing money. Many companies are trimming staffs and many multinational companies are moving out of Malaysia to bigger markets such as Indonesia and Thailand. I might sound negative but looks like Malaysia is heading down south big time!!

 

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