Falling population growth, rising unemployment and a lack of consumer confidence are usually bad news for house prices. It also means construction has slowed, and projects have been postponed. Many off-the-plan homes and apartments, which are commonly bought by foreign investors, are lying dormant. Praba Maheswaran presents a feature discussig the pros and cons with home loan lender Nara Nimalan, property buyer Saratha and seller Thirisulan.
Falling population growth, rising unemployment and a lack of consumer confidence are usually bad news for house prices. It also means construction has slowed, and projects have been postponed. Many off-the-plan homes and apartments, which are commonly bought by foreign investors, are lying dormant. Praba Maheswaran presents a feature discussig the pros and cons with home loan lender Nara Nimalan, property buyer Saratha and seller Thirisulan.
