People’s Housing Projects (PPR) is built to provide homes to Malaysians who could not afford their own home as yet. Thus, all these PPR homes must be for the benefit of poor Malaysians and not to enrich anyone who managed to get a unit and is then sub-letting the unit out to foreigners and gaining profits from it while many other needy Malaysians are having to wait for a unit for years.
“Charles, we have too many affordable apartments being built today. This will soon collapse the market.” I still remember this statement from a friend (not a good friend, not a close friend, just a friend) many years ago. Well it was before Covid’s arrival. It was at a time when every developer were telling the world that their affordable project is the best affordable one. Somehow, it scared my friend who thought that property price will collapse when there are too many affordable apartments being built.
Property Affordability will always be key. It does not change.
Microflats. When the focus is on affordability
Property Investment risks. Here are 5 of them.
5 reasons your next property buy can be further away too
Property market expected to rebound, supported by demand for affordable housing.
Construction material cost pushes up property price?
MyDeposit may be back to benefit the first time homebuyer (who qualifies)
When affordable homes are too many, would this cause property prices to drop. Scary for owners and Happy for buyers?
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