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...

Be the first to like this.

2 comment(s). Last comment by firehawk 2014-12-11 00:29

goldenshares

3,544 posts

Posted by goldenshares > 2014-12-11 00:25 | Report Abuse

the end of the world, bolehland become tak bolehland

firehawk

4,783 posts

Posted by firehawk > 2014-12-11 00:29 | Report Abuse

ok, wait for 50% discount .... hoooraaay .......

Post a Comment
Market Buzz