This has nothing to do with subprime crisis la. Subprime crisis happened because banks were trading in derivatives of mortgage. We are in risk of that but Bank Negara has implemented measures to cool the property industry. Rpgt etc

This crowdfunding is diff. It’s like Kickstarter. They propose a project and investors put money in if they think its viable. If no one invests then the project cannot start. So in a way it lets the market decides what kind of property projects are started. Commercial/low cost/medium cost/luxury.