Are property prices going to up further? V3
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 Aug 9 2011, 02:35 AM
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#1
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Senior Member
1,216 posts Joined: Mar 2009 From: Cut Throat Land 
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been waiting for the property price to come down since 5 years ago.
instead it went higher and higher. guess it will never come down. even if it did, it will only drop to as much as last year. so better buy at the earliest possible. |
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Sep 5 2011, 11:08 PM
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#2
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Senior Member
1,216 posts Joined: Mar 2009 From: Cut Throat Land
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QUOTE(ken8120 @ Sep 5 2011, 10:06 PM) property prices really will drop by at least 30% .my 2 cents.. still it is the price 2 years ago. property has been appreciating averagiing 10-20% every year. no point waiting. wanna buy, just buy. just dont get burn when zeti decided to increase the blr later. |
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Sep 7 2011, 01:07 AM
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#3
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Senior Member
1,216 posts Joined: Mar 2009 From: Cut Throat Land
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QUOTE(cranx @ Sep 7 2011, 12:53 AM) speculators say why is the rule of thumb 5 times income? agreed.we are preaching 8 to 10 times income now. Why? we are not competing among ourselves only, there are a lot of foreigners with better purchasing power buying up all of our properties. RM5k income is now buying RM400k ~ RM500k properties. RM10k income going for RM800k ~ RM1million already.  dont buy now means forever homeless. ask the speculators to follow their own rules first. |
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