Apr 9 2013, 09:04 PM
QUOTE(newx @ Apr 8 2013, 11:58 PM)
In the past 3-4 years, we have seen property prices rising rapidly across the country, primarily driven by artificial demand i.e. speculative activities. The market prices have gone to a ridiculous level to a point that it frustrates both real house buyers and property investors. Most of recent new launches in Klang Valley are priced from RM600psf and above. Developers are only interested in maximizing their profits by offering similar products i.e. mixed development.
However, in the next five years, 1,000,000 quality, affordable homes will be build - both by public and private sectors. This includes 500,000 PR1MA houses, where their prices will be at least 20 per cent cheaper than the market prices.
Now, this is a good news for everyone, unless, you are property speculators.
1. Will this be the end of speculative activities we are hoping for?
2. If you are a property speculators, what would be your game plan now? Sell, maintain or buy more?
Kindly discuss.
Last post here. Another meaningless thread.However, in the next five years, 1,000,000 quality, affordable homes will be build - both by public and private sectors. This includes 500,000 PR1MA houses, where their prices will be at least 20 per cent cheaper than the market prices.
Now, this is a good news for everyone, unless, you are property speculators.
1. Will this be the end of speculative activities we are hoping for?
2. If you are a property speculators, what would be your game plan now? Sell, maintain or buy more?
Kindly discuss.
keep calm and vote for bn?
Instead of blaming on speculative activities. Why?
1. Malaysia is ranked second money outflow in the world.
2. RM keeps depreciates against major currencies. Oh please, never compare with toilet paper USD.
Mind u, to build a strong economic & high income nation, keep subsidise the local poor OR the foreign rich, is NOT the way.
Everyone, vote wisely please...
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