This means that the property overhang may be here a while longer. My guess is at least 4-5 years.
Lower OPR doesn't mean cheaper financing for all, especially for new applicants
Lower OPR doesn't mean cheaper financing for all, especially for new applicants
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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.
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May 24 2020, 10:39 PM
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QUOTE(MUM @ May 24 2020, 08:29 PM) as per this.... Wow...that's before Covid, MCO, CMCO, EMCO,...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 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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