Taikors and sifus
Today I read in the Edge Prop about DBKl not approving new service appartments and condos > RM1m. And on Napic Q2 17 reports on WP KL unsold service apt and condos:
Overhang: total 644 units; >RM1m 349 units
Under con and unsold: total 7286 units; >RM1m 1583 units
Construction not yet started and unsold: total 6103 units; >RM 1m 193 units
What is the possibility for the >RM1m unsold units in KL to be absorbed by local and foreign buyers if indeed there are no new projects coming out in the next one or two years?
PROPERTY MARKET TO BE BADLY HIT IN 2018, Tekan the greedy sellers to the max!
Nov 19 2017, 06:09 PM
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