Beware of the yellow board property ‘agents’

TheStar Mon, May 11, 2020 09:50am - 3 years View Original


Public nuisance: The signboards are hung illegally on lamp posts and trees for high-visibility as they are usually an eyesore.

FLIMSY property signages by the roadside usually seen in yellow are a common sight. And there has been an increase in their number recently.

Potential property buyers may seek cheap deals on the secondary market through the signages, especially during the economic distress from the coronavirus disease (Covid-19) pandemic.

However, the Malaysian Institute of Estate Agents’ (MIEA) CEO K. Soma Sundram told StarBiz that they should be avoided at all costs by any prospective property buyer or seller, as they are likely scams from the work of an illegal cartel.

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