Jul 6 2010, 01:26 PM
QUOTE(spikyz @ Jul 6 2010, 12:36 PM)
hurm, but i realized there are alot , i mean really alot of development at one area (take subang for example). Yes, the unit mostly sold out, but what i think senderos trying to say, could the owner pay the monthly installment?
and if they cant afford it, wouldnt it be the same like US few months ago? the mortgage issues?
btw im still noob about property, so correct me if im wrong.
IMO- if purchasers hv bought for own stay- making the monthly installments wont be much of an issue.. but personally, i think most of the units which have been bought.. newly launced and also those that are recently completed are bought for investment purposes.. namely for rental.. but there are only so many tenants to go around and those which have bought for this latter may have issues making the monthly payments when they cant get tenants to offset the monthly commitment..and if they cant afford it, wouldnt it be the same like US few months ago? the mortgage issues?
btw im still noob about property, so correct me if im wrong.
just my 2 cents..
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