QUOTE(nevenchailj @ Sep 6 2012, 12:04 PM)
Yeah one of my friends bought the first phase when it was launched there and they are trying to sell me about double the price now! Well, I don't really prefer apartments so I'll pass and move on hunting down properties that are in my price range and with a good location of course. Well, there's a 50/50 on property prices whether it would be moving up or down after the elections but from my POV, the price of properties should be stagnant for the years to come.. Other than that, the banks are so strict on approving loan nowadays since there's so many people that failed to pay back..
Well, after staying in Kepong for a year now, I feel that Kepong has easy access to everywhere basically, you can go down to KL through Jalan Cat. You can go to PJ in no time through LDP and best of all I work in Klang and I travel through NKVE at sg buloh exit.. Well, Kepong is really a nice and easy access place to stay in.. Just that the properties here are rising fast
yes.. it's really hard.. many said that the election will be a turning point.. but i doubt it will drop drastically.. Well, after staying in Kepong for a year now, I feel that Kepong has easy access to everywhere basically, you can go down to KL through Jalan Cat. You can go to PJ in no time through LDP and best of all I work in Klang and I travel through NKVE at sg buloh exit.. Well, Kepong is really a nice and easy access place to stay in.. Just that the properties here are rising fast
anyway, the property prices has gone higher way beyond our salary could afford.
BNM's measurement is to curb investors and speculators but it also had an impact on normal buyers and it's bit too late for BNM to do so. Besides, they also want to avoid ppl unable to afford and hence impose the nett salary approval schemes, which in the end, made us even more un-affordable.
banks giving out loans stricter partly due to policy, and another reason is because the house prices did not match to their estimation.
e.g. a house only worth 500k but selling at 900k. the bank will only willing to loan for 500k then end up buyer have to pay up the remaining including possible legal fees and stamp duty.
nevertheless, our salary is definitely not enough to buy such houses even when combined with your partner's name. unless both ady working for long time and quite wealthy. for youngsters and freshies like us.. wait until when? endless la.. even if i die die go buy one condo, oso dunno can pay onot.. ppl say don't wait, buy now.. but the thing is buy liao oso dunno can service the loan onot.. cham..
Sep 6 2012, 12:11 PM

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