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.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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