Time for Malaysians get back at property developers - force prices down!
Tan Sri Abdul Rahim Abdul Rahman, executive chairman of Rahim & Co, noted that the prices had fallen in a span of just a few years for high-end residences. ― Picture by Ahmad Zamzahuri In KL, luxury property prices nosedive BY IDA LIM Monday February 12, 2018 06:04 PM GMT+8 KUALA LUMPUR, Feb 12 — Luxury residences in the prime property area surrounding KLCC are no longer selling at prices as high as RM2,500 per square foot, but are now being sold at prices below RM1,800, a property consultancy firm has said. Tan Sri Abdul Rahim Abdul Rahman, executive chairman of Rahim & Co, noted that the prices had fallen in a span of just a few years for high-end residences … for more, go to http://www.themalaymailonline.com/malaysia/article/in-kl-luxury-property-prices-nosedive Time for Malaysians get back at property developers - force prices down! It was revealed that only 1% of property sales in 2017 went to foreigners - and this is why there is a property glut in Malaysia.