Monthly Archives: February 2009

Why you should stay away from commercial properties now?

Retailers having it tough isn’t much of a surprise. But the knock-on effect means things are going to get much worse for commercial landlords too. Some of their tenants simply won’t be able to pay up. Despite lower oil price and improved inflation rate, falling oil prices, consumer sentiment has remained subdued on fears of Malaysia entering into a recession. Amid fear of a protracted downturn and rising numbers of the unemployed, consumer spending has fallen and affected retailers. And that in turn, means that commercial property prices have much further to fall. We forecast of a 20%-30% fall in commercial property values this year.

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