property bubble created when the threshold for rental market surpassed the demand.
Properties are meant to be for own stay and maybe 30% for rental in a healthy economy.
In KL/Selangor sometimes u see condo where more than 60% of the units are for rental
Developers selling at future prices always contributes to the bubble.
Supply for new condo are also not controlled, in KL/Selangor, more than a 1000 units pop up every month.
when more investors are having negative cash flow in and oversupply market, the bubble are just waiting to burst
Property Bubble Burst ! ?
Aug 6 2018, 11:41 AM
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