Heated debates escalated on Twitter last week over the news that a real estate sale appeared on the Ministry of Justice index for four residential plots of land in the Malacca neighborhood, which became a real estate event that spread like wildfire and was circulated by many accounts on social networking sites after one of the official channels referred to it under the title (Malacca land price drop), which was circulated by a number of economists through their accounts confirming that their previous predictions of a drop in real estate prices, according to their expectations, have been realized.
The verse was soon reversed and the truth became clear from MBC channel after it investigated the authenticity of the news and the truth of the sale and was able to reach the owner of the land and take the confirmed information about this real estate event and was a mortgage operation with half its market value to one of the financing agencies.
It became a painful shock for economists after they widely promoted the fall in the prices of the Malacca neighborhood at a price lower than its previous price by about 42%, which was met with disapproval from them by questioning the validity of what MBC reported by interpreting the event as tax evasion, denying the mortgage process to justify their embarrassing position, and their voices were raised with Byzantine discussions to save their position.
Byzantine discussions to save their position.
The other shock was the participation of the owner of the land in one of the Twitter spaces they were leading, identifying himself and his personality, and confirming the validity of what MBC reported, which created another unbalanced reaction from economists with dialogues and arguments full of rivalry and fanatical opinions through Twitter spaces.
Another shock was the participation of the owner of the land in one of the spaces on Twitter that they were leading, identifying himself and his personality, and confirming the veracity of what MBC reported.
This ends the story of (Malacca).
This ends the story of (Malacca).
@sultan_hamad1
