Tag: when price of property too high
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RM800k condo. RM2,000 rental. Even recovery cannot save you.
The amount does not represent any particular condo yeah. Just an example after I was asked by an acquaintance if he should proceed with the purchase of a condo in a ‘hot’ area. He told me that the rental cannot cover the mortgage payment currently because of current negative situation. However, when the property market…