Yes, prices CAN drop!
DOWNWARD CORRECTION OF PRICES BEING FELT IN RESIDENTIAL POCKETS WITHIN SELANGOR The infallibility of house prices is a belief that is more grounded in the track record of the Malaysia housing industry, and not necessarily rooted in fact. As a rule of thumb, house prices in key urban centres... Read more
HK property stocks fall on stamp duty hike
Shares in Hong Kong developers were battered on Nov 7 after the city’s leaders raised stamp duty to try to cool runaway home prices, AFP reported. It said the government slapped a 15 per cent tax on all residential purchases, almost double the previous 8.5 per cent, except for... Read more