Tag: 2016 is a slow year for property market malaysia
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Household debt vs GDP is now 88.4%, down from 89.1%.
Yesterday, Bank Negara Malaysia released a press statement entitled, “Bank Negara Malaysia Annual Report 2016” Some interesting facts from the long article as follows: 2016 was a year when the world economy grew the SLOWEST since the Global Financial Crisis Global inflationary pressures remained low, mostly due to weak demand and weak commodity prices, especially…
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2014, 2015 were UNFAVOURABLE years. 2016 is MIXED.
A good friend who was a real estate negotiator in Penang quit his job a few months back to take up UBER driving in the Klang Valley. He said, he will earn enough money toby a property in Kuala Lumpur. For a few months he drove 14 hours a day and he struggled with the…