Few days ago, another new measure which is supposed to help in controlling speculation was announced. According to the report in The Star, this will help to stop ‘property clubs’ from walking away with handsome profits, especially in the Klang Valley. Datuk Rahman Dahlan who is the Minister of Urban Wellbeing, Housing and Local Government announced … Read moreBulk Buy? Four is Maximum.
Today, Minister Datuk Seri Wahid Omar advised REHDA to get their members to stop pre-launch sales. The reason he said so was because he believed this was one of the ways in which the prices of properties were driven up. The reason was because these pre-launch sales typically attracted more property investors than genuine buyers. … Read morePre-Launch Sales behind speculation?