Oct 11 2012, 11:14 PM
QUOTE(MisterLeaf @ Oct 11 2012, 02:47 PM)
If Malaysia's house is cheap, how come government launch Prima or other affordable house project?
There are 2 type if ppl who said it is cheap.
Type 1: Own a house, maybe more than 2-3, then keep saying the house is cheap and hope to sell more expensive or rent more expensive.
Type 2: Not staying or working in Klang Valley.
Don't think we really hope the price drop until the 90s price, it is impossible. We just want reasonable price, is it wrong?
If you really do a good study, you will find out that the house price hike a lot since 2007/2008. The Previous 5 years before that is OK and acceptable.
IMO, the significant price hike started at 2009 actually, before that property investment is not interesting due to the miniscule capital appreciation in tandem with inflation. Certain older condo even depreciate in value. There are 2 type if ppl who said it is cheap.
Type 1: Own a house, maybe more than 2-3, then keep saying the house is cheap and hope to sell more expensive or rent more expensive.
Type 2: Not staying or working in Klang Valley.
Don't think we really hope the price drop until the 90s price, it is impossible. We just want reasonable price, is it wrong?
If you really do a good study, you will find out that the house price hike a lot since 2007/2008. The Previous 5 years before that is OK and acceptable.
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