Jan 2 2022, 08:24 AM
QUOTE(Angelic Layer @ Jan 2 2022, 07:44 AM)
I don't look at property anymore.
It is a gone case for now, only maybe in 8-10 years time.
I suggest you don't waste your time looking at property and developer anymore as well.
Now Malaysia household debt more than 90%, most people EPF don't even have 10k, and majority people earn less than 5k per month.
Poor infra, flood, foreign buyers chased away by government MM2H, developer heavily in debt, bank no cash to give out loan, higher earning younger people migrated.
None of this can be solve within less than 5-6 years.
Many unit still not selling...It is a gone case for now, only maybe in 8-10 years time.
I suggest you don't waste your time looking at property and developer anymore as well.
Now Malaysia household debt more than 90%, most people EPF don't even have 10k, and majority people earn less than 5k per month.
Poor infra, flood, foreign buyers chased away by government MM2H, developer heavily in debt, bank no cash to give out loan, higher earning younger people migrated.
None of this can be solve within less than 5-6 years.
In KL u can see big name condo still many unit is dark. Economy no good, people no budget to move to high operprice unit. Flipper can't sell unit and lock to high monthly payment.
Quote
0.0198sec
0.63
6 queries
GZIP Disabled