I predict those that looking to flip/ cannot hold (or can hold no longer than 2 years) their Zest unit will not even see RM 400 psqft. Economic crisis is happening next year, new implementation of loan guidelines (based on net rather than gross income) and restrictions on owning 3rd property has already kicked in. Demand is already comming down and will continue to regress owing to the worse than expected economic outlook where another recession is very possible. Good luck to those that looking to flip/ cannot hold their uni....t

Economic crisis happening next year.. you are so sure about it??    I am not that worry about the loan guidelines (there are still many people able to afford expensive properties) and economic crisis(do not have the capacity to think something which may/may not happen at this moment), I am more worried if the government re-enforce the RGPT from current 5% to 30% in the upcoming budget 2012, it will definitely affect the sales as well. Profit of flippers will definitely reduce significantly.