Sunday, July 14, 2013
Young professionals in Malaysia struggle to own property
As a "compassionate" property investor / collector, I find the dramatic rise in inner-city and Central Business District Kuala Lumpur quite acceptable (in some cases) as they are mainly catering towards the expat rental markets. But there is really no excuse in the current prices of suburban properties. Developers should stop packaging their wares with low-quality furnitures and unjustifiable fancy marketing ploys such as SoVo, SoFo etc as an excuse to drive up margins. Here's why...