The Conundrum Continues - Where Are The Affordable Homes?
The Morning Run Crew
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The Morning Run team discusses data out from Bank Negara that show over 80% of the unsold housing units are priced above the affordable range ceiling of RM 250,000.
Also, excess supply of office spaces and shopping complexes is expected to continue. As a result of the excess supply, loan approval rates for the office and shopping complex developments were lower.
8:19 - Astro’s net profit for the second quarter plunged 93% to about RM 16 million due to higher content cost.
Presented by: Khoo Hsu Chuang, Melisa Idris, Joyce Goh
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Categories: Business Analysis