Potential homebuyers on a tour sponsored by DeLeon Realty for visiting Chinese buyers, look at a house in Los Altos Hills, California, September 21, 2013. (LiPo Ching/Bay Area News Group/MCT)
WITH a number of Asian countries bracing for a potentially devastating asset bubble burst, Malaysia is also rolling up its sleeves if the Budget 2014 measures were to offer a glimpse of the Government’s foresights.
The measures are meant to deter speculators and promote a more stable market that is driven by real demand. Although generally applauded by various stakeholders for its noble intentions, there are also some apprehension as to the measures’ potential impact on the property market.
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