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1 comment(s). Last comment by ks55 2017-06-16 12:29

ks55

3,678 posts

Posted by ks55 > 2017-06-16 12:29 | Report Abuse

Right now Malaysian still has affordable housing.
You will one day face with a more realistic housing problem.

Why?

Land price never drop.
Material cost never drop.
Labour cost never drop.
Statutory contribution never drop.
Marketing cost never drop.
Subsidy to low and affordable housing never drop.
Bumi quota never drop.
Discount given to bumi buyers must made good from others.
Profit margin must maintain.

So one day you will have a housing problem like Hongkong or China, where each individual has only 40 sf living space.

https://www.youtube.com/watch?v=4TDnH-wPbrc

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