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Investment TRACKING KLANG VALLEY NEW PROPERTY PRICE PSF, Reporting the latest PSF around

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tvz32
post Sep 8 2013, 01:24 PM

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QUOTE(hondaracer @ Sep 8 2013, 08:17 AM)
Last week.... 3 sign appeared.

1) Police and Immigrantion went on operation for illegal alien.
2) 20 cents increase in Petrol Price.
3) Gov announce postponement of ETTP projects not launched.

There is no need to increase currency rate to protect the ringgit from devaluation.

Do you think property price will still increase?
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Of course. Points number 1 and 2 will directly impact on the cost of property prices. Look at the newspaper a few days back, they are quoting an increase of 10%. All signs are pointing to a further increase in the near term la!
tvz32
post Sep 8 2013, 03:23 PM

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QUOTE(Wiredx @ Sep 8 2013, 02:39 PM)
Asking prices will definitely increase (for subsales). Transacted?
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Future launches will be impacted as developers will be faced with increased in material prices and competition for manpower (foreign labour). Hence, the expected increase in prices for projects that are yet to be launched. With that i think the subsale prices will also follow suit.

 

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