Posted by optimuss > 2014-12-11 00:17 | Report Abuse

property--- bank stop giving loan, only entertain very solid client, means 90% rejected. like 1999. construction--- all put on hold, downsized, or delayed, due to import material shoot up 30%, 20% being depreciated ringgit, 10% being GST impact. everybody running thru the exit door. foreigners dumping property afraid of more depreciated ringgit. local speculator all burn as newly completed properties they have, 5-10 for a middle class is common. cannot find buyers or rentals. major re-set of the economy. rebooting...