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Financial Are property prices going to drop? V2, The heated debate continues

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tongying
post Jun 27 2011, 10:41 PM

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QUOTE(cherroy @ Jun 27 2011, 09:53 PM)
I don't know, but I experienced, and saw subsale pricing is almost on par with new launched. Just like mentioned pull up the pricing across.
Adjacent got new launch at Rm500/psf, subsale price also being jacked up near to this level.
It may a little bit cheaper, but not too much.

New launched is more easier to "rip", and easier to goreng.
There are plenty of buyers do not intend to own the properties, just wait to flip only. That's why they go for new launched.
As you mentioned, nowadays, people want "new",
New car, new model etc. (sometimes, new model doesn't mean better than old model, but yet, people asked for new model), so for flippers, they take advantage on the situation.

Wah, got new wife somemore....  laugh.gif
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The great debates have been going on since July 08, for almost 4 years already rclxub.gif

Half-time verdicts :

Die hard BULLS win 4-0 - Property value appreciated over 100% in most area in KV in the period rclxms.gif



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