The National Property Information Centre has said that the number of unsold homes in Malaysia reached a new high of 30,115 units, amounting to RM19.54 billion in 3Q18.
Unfortunately, we don’t have RVR in Malaysia. I believe it is timely for Napic to provide the information on RVR instead of just overhang numbers. It will help developers, banks, property consultants, homebuyers and investors to make better decisions by understanding the current demand and supply situation.
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Are properties in Malaysia getting too expensive?The most expensive properties are those in the KL city centre where the median price for property is RM940 per sq ft and RM1,000,000. Certainly, you right 👉 No boss. Apparently the gomen thinks difficulties in getting loans to purchase properties is the the main issue. Not the ridiculously high property prices.
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Where property goes in Hong Kong, so goes the city's economyIn a city where land is in short supply, the government is able to generate a large amount of revenue from selling vacant plots.
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Expert calls for cheaper housing loans to ease property glutPrevindran Singhe says Bank Negara should hold discussions with government-linked company banks to lower interest rates for housing loans. Cheaper housing loans = lower housing prices? Are housing loans or ridiculously high house prices the main issue? Why are we benefiting the developers, they can sell their properties at their desired prices yet the rakyat have to spend more in paying for it? One word: GREED
Source: fmtoday - 🏆 5. / 72 Read more »