QUOTE(eugene jk @ Jan 7 2011, 02:18 PM)
"Material price hike" is just another gimmick for developer to increase the price ..
let's see if this souns convincing.
factory produces rebars at X quantity 5 years ago.
same factory produces say X-20% quantity 3 years ago due to slow down in economy and consumption. price remains or drop a bit to stay alive.
same factory produces back X quantity now with price maybe matches previous 5 years ago or even +ve a bit because good economy and good demand + inflation.
now, IF and only IF, just 50% of what Government's ETP projects kicks in and demand is easily more than double while the same factory already at their peak capacity to produce the material. what do you think is gonna happen?
do you think the price of raw material is still the same?
when inflation is inching up, all salaried workers would also demand increase in wages. no matter how minimal the increase is, indirectly, their salary increment will result in increase in their cost for their services or goods produced.
if nasi lemak increase price, teh tarik increase price, petrol increase price, what makes you think material is falsely having a price hike?