Mar 17 2013, 07:26 PM
QUOTE(cockee @ Oct 30 2012, 10:26 AM)
if ppl can't even afford 10%, doesn't that means either the propert prices already too high, or the buyers are too leveraged?
if subsales market is stagnant, who will buy from those flippers after VP?
so looks like there is going to be a price adjustment, or it s gonna be a long long holding game.
I think it is a unique situation in Malaysia only.if subsales market is stagnant, who will buy from those flippers after VP?
so looks like there is going to be a price adjustment, or it s gonna be a long long holding game.
These buyers will all snap up new launches even at ridiculous prices but nobody seems interested in subsale.
I forsee a situation where newlaunch will be priced higher and higher while subsale prices will fall.
Until it reach a gap so wide between newlaunch and subsale that the average blind and gungho investors start moderating their buying of new launched properties
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