August 24, 2011

The music will stop

I would like to share an article that I came across regarding the madness of property prices in Malaysia currently. As more and more property launches come with exorbitant prices that are beyond the income level of many workers particularly in key cities of Klang Valley, Penang and Johor Bahru, my gut feeling is that the property market is in a bubble stage and might see some softening moving forward.

So, for those who are highly leveraged with housing loans, do have a good read on the article and reflect on what the writer who has seen the ups and downs of property cycles is saying.


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