Damansara Heights proximity to the city of Kuala Lumpur, and its many bungalows set among much greenery, has made it one of the Kuala Lumpurs most prestigious address.
RECENTLY, a peer-to peer (P2P) property crowdfunding scheme was introduced to solve the housing issues, such as unaffordable housing and unsold properties, plaguing the country.
However, it is submitted here that a property crowdfunding scheme or any other similar property funding scheme might make the housing market less robust and more prone to a bust, given the interplay of credit or liquidity in the housing market, the stretched housing affordability and the role of investors.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
