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 Lower OPR doesn't mean cheaper financing for all, especially for new applicants

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saintmikal
post May 24 2020, 07:36 PM

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This means that the property overhang may be here a while longer. My guess is at least 4-5 years.
saintmikal
post May 24 2020, 10:39 PM

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QUOTE(MUM @ May 24 2020, 08:29 PM)
as per this....

Property overhang unlikely to be resolved in the next five years
By Kathy B. - January 20, 2020
https://www.nst.com.my/property/2020/01/558...next-five-years

Factors that led to the overhang
https://www.edgeprop.my/content/1638530/wha...operty-overhang
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Wow...that's before Covid, MCO, CMCO, EMCO,...

Looking at it now, EKO (Economy KO) means it could be the better part of a decade before we see any real recovery.

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