A recent report came out stating that Bumiputera quota homes priced between RM300k – RM500k are apparently unsold and are accounting for 77% of the unsold inventory. However, some state that these prices are rather unaffordable for many.
Bumi quota homes unsold
However, some users claim that newer homes are generally smaller than older ones. For the most part, the youngsters in the country aren’t exactly buying homes now either. They also claim that bank loans are not the easiest to manage, especially when there’s a 30 year commitment involved.
Others add that the prices of these homes need to be reduced. Some feel that a not so recommended alternative is to have a multi-generational loan for some homes.
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