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When will property prices be affordable again? See you in Aeon Mall Bukit Tinggi

The population within Greater Kuala Lumpur (GKL) is estimated 7.25 million in 2017. The target by the government was for the population to reach 10 million by 2020. Perhaps this is a little too high a target because we will need to grow by 900,000 people every year from 2018 – 2020 period. However, it is safe to assume that at minimum, the population growth will be equivalent to 500,000 every year due to the continuous urbanisation which is happening. One top choice school leavers have in their mind for jobs would definitely be within GKL. There are over 350,000 tertiary qualified candidates entering the workforce every year. If we assume a ratio of 4 people to 1 home, we will need a minimum of 125,000 new properties just for GKL alone. Then, why do we have so many unsold homes in Malaysia? (Earlier article here)  Join me as I share on the topic of”When will property prices be affordable again?” in iProperty.com.my’s Home & Property Fair in Aeon Mall Bukit Tinggi. My session is 3:30pm. See you. Register here yeah Click).  Details as per below image.

Property Investment always start with knowledge. Equip ourselves with more here.

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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