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Much-needed shot in the arm for Malaysian property market

Liew Jia Teng
Liew Jia Teng10/25/2019 07:00 AM GMT+08  • 11 min read
Much-needed shot in the arm for Malaysian property market
SINGAPORE (Oct 28): Imagine a crossroads. The traffic lights are not working and the junction is heavily congested with vehicles, with angry drivers stuck in the logjam for hours, honking and cursing each other. There is no way out of it because no one wi
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SINGAPORE (Oct 28): Imagine a crossroads. The traffic lights are not working and the junction is heavily congested with vehicles, with angry drivers stuck in the logjam for hours, honking and cursing each other. There is no way out of it because no one will give way.

Now, you could take a bulldozer to sweep away all the vehicles, destroying them in the process. It is highly effective but also very destructive.

Alternatively, you could get things to move by removing the vehicles one at a time. Imagine a crane lifting up one car, then another, until there is space for others to slowly ease out of the gridlock and let traffic flow again. It takes a little longer but no vehicle will be destroyed.

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