Tag: cheras terrace house expensive
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HBA: Regulate profit margins, property prices down significantly
Reported in SunBiz. According to the House Buyers Association (HBA) secretary-general, Chang Kim Loong, if the government regulates the profit margins of property developers for the ‘affordable’ category, this will reduce property prices significantly. He quoted an example of a ‘crazy’ Cheras terrace house which is priced at RM750,000 today. He said that if his…