ABCs of Property Investment
Renting News: When ‘neighbour’ increased the rental, I will follow too. Does it happen like this?
If rental in KL city centre increased very quickly, people may rent at the fringes of KL city centre. If the whole KL city is very expensive, people will rent homes with a Selangor address. This is common and this is why prices always rise from the place with the most demand first. When the supply can no longer keep up, the supply would have to be expanded somehow. Else, the rental will increase until the market collapses. Either people stop coming to KL to work since rental is just too high or the owners start to reduce rental voluntarily. 🙂
