This is a scene of The Star Property Fair at Gurney Plaza two weeks ago. Property prices for a condominium from 1000 sq ft and above are sold at a minimum of RM400k and above!! Not to mention, newly-launched condominiums are all selling at a minimum of 350/sq ft nowadays. Crazy! The shocking thing is that this scenario have spread over to the mainland too! Prices of condominium on the mainland have rise to at least RM300/sq ft now! gosh!
Now, I really wonder how are fresh graduates going to afford to buy these properties without any help from their parents?? hmm....sad case...With this trend going, I guess the price of rental market will probably increase in future as most people would rather rent than buying a property.
