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 Covid19 and MCO effect on properties, Q&A Session on the effects

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SUSnot timid and slow
post Apr 20 2020, 08:49 PM

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QUOTE(koja6049 @ Apr 18 2020, 01:50 PM)
if you compare to fd, it's now only 2.65%...  hmm.gif
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ambank FD promo 3.5% for 6 or 12 months


QUOTE(Zwean @ Apr 20 2020, 02:56 PM)
I'm not going to go into the intricacies to explain why a correction that deep will not happen.

To keep it simple, for asset price to fall that much the rental yield will have to fall significantly.

With no sharp excess supply pouring into the market it is simply not possible.

Unless COVID-20 appears and kills 90% of the world population.  laugh.gif
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thank you for your succint summary. i think you are corect. people still need a place to stay , regardless of whether they buy or rent.

our population will continue growing. urban areas will continue to host foreign labor.
SUSnot timid and slow
post Apr 20 2020, 08:59 PM

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QUOTE(icemanfx @ Apr 20 2020, 08:53 PM)
Population growth rate is slowing down and in about 2030, this country will become ageing nation.

So foreign labours will stay in high rise condo?

If demand is rising, how to explain property overhang?
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ageing people still need to stay somewhere , correct ?

foreign labor will stay in medium cost high rise housing , with 6-8 people per unit.

 

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