SEVERAL months ago, an acquaintance received a phone call from a developer who has a project facing the Petronas Twin Towers. The caller wanted to know if he was interested in a condominium which cost slightly less than RM3,000 per sq ft.
“At that price, I must have a rental of RM30,000 a month. Who would want to rent a condominium at that price when they can rent a bungalow in Damansara Heights, Kuala Lumpur for that amount or less?”
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