Tag: developer launches too expensive
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HBA: To reduce unsold units, stop building non-affordable ones.
National House Buyers Association (HBA) have some sharp comments recently. It said that developers need to stop classifying affordable homes as those priced from RM500,000 and below. HBA secretary-general Chang Kim Loong said, “The situation of unsold properties or ‘overhang’ is only going to get worse if those in the Real Estate and Housing Developers’…