Tag: unsold properties malaysia
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Overhang properties up means property prices down?
Let’s look at the Total Overhang Units to have an idea how many residential units are actually classified as overhang. Overhang property unit is defined as units that have received their Certificate of Completion and Compliance but remain unsold for more than nine months after launch.
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Unsold homes still growing… (Bad news right?)
It’s hard to shake off the perception that unsold homes means a property bubble is about to burst. It really depends on whether there are still units which are priced under the affordable category. Some friends continue to tell me that they will be rich when the market crashes because they did not buy a…