Floods erode property value by 30pc, say experts


Stranded: Flood victims waiting for the water to recede at Taman Seri Muda Seksyen 25 in Shah Alam in the December floods last year. — Bernama

KUALA LUMPUR: The heavy downpour since early this month has triggered fear and panic among residents whose homes were ravaged by the massive floods on Dec 18, 2021.

The Malaysian Meteorological Department (MetMalaysia) has earlier predicted the monsoon season to begin earlier than expected, causing recurring periods of heavy rain and turbulent winds from Nov 7 until March next year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Pontian crane collapse: Victim's father-in-law witnessed, recorded tragedy as it occurred
Two young girls killed, one injured after motorcycle crashes into tree in Jempol
Pontian crane collapse: DPM Fadillah calls for thorough probe by all relevant authorities
Asean condemns Myanmar hospital airstrike, urges halt to violence
Communication, trust key to helping students speak out, forum told
Penang Bomba finalising report on deadly Butterworth house fire
Any proposals to recognise UEC must align with the Constitution, says J-Kom DG
Internal investigation to be conducted following deadly incident at Tanjung Bin Complex, Pontian
Bahasa Melayu, English both crucial in AI, digital era, says Anwar
1MDB asset recovery: 12 artworks worth over US$30mil on way back to Malaysia

Others Also Read