19-08-2021, 09:45 AM
None of my friends make money in Malaysian property except one.
He was the only exception because he was living in KL for about 5 years for work and knew the local market. Plus the fact that he bought and sold pre-1MDB, so wasn't badly hit by the exchange rate. Even then, the profit was marginal.
Now prices will drop even more as the foreigners sell out due to the MM2H revision.
He was the only exception because he was living in KL for about 5 years for work and knew the local market. Plus the fact that he bought and sold pre-1MDB, so wasn't badly hit by the exchange rate. Even then, the profit was marginal.
Now prices will drop even more as the foreigners sell out due to the MM2H revision.