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Investment MOVE TO COOL OFF PROPERTY INDUSTRY COULD BACKFIRE, None of the Asian countries had success

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Steven83
post Sep 9 2013, 08:45 AM

On my way
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Senior Member
595 posts

Joined: Mar 2006
QUOTE(robertchoo @ Sep 5 2013, 01:54 PM)
This is bullshit.
Like a bunch of kids complaining and feet stomping coz their couldn't get the toy they want.
The argument that property is expensive is NOT a new one. It has been happening since decades ago.
People will always complain. The question is what are you doing about it?

I can reiterate the fact that property WILL NOT be cheaper or affordable in the future regardless of what the gov does. HK and SG have tried and failed. At best the prices will stagnate for a little while and then when supplies dwindle prices will shoot up again.

Building affordable housing is also not the way. I mean we already have those. Its called low cost housing. You can find plenty of them in rawang and kuala selangor. Pr1ma is just another gimmick for low cost flats which i bet nobody will want judging from the demand of current low cost flats.

Learn to accept the high property prices. Rent if you can't afford to buy. Its not a god given right. If you want a decent property that cost alot then think of ways to increase your earnings capacity. Complaining and blaming the gov won't help. If you can't then maybe you don't deserve to own a home.
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You forget another important stuff to compare to. Malaysia property can't be compared to HK or SG. Know why? We don't have massive quality skill foreign worker come over to work here and become PR. The price is drive by those who work oversea, speculator, investor that take advantage on cheap currency. One day, they will have their profit taking.
Steven83
post Sep 9 2013, 08:47 AM

On my way
****
Senior Member
595 posts

Joined: Mar 2006
QUOTE(hondaracer @ Sep 6 2013, 03:55 PM)
I just got a call from concerto.... Telling me that phase 3 got choiced units at additional discount, making it similar pricing as phase 2.... "only 20 units sold, so hurry up".

😎😎😎🐟🐟🐟🐟
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if they really having that good sale, they won't even bother to call you up.
Steven83
post Sep 9 2013, 08:48 AM

On my way
****
Senior Member
595 posts

Joined: Mar 2006
QUOTE(hondaracer @ Sep 6 2013, 03:52 PM)
3 subtle event occurred this week....

1)  Crackdown on immigrants,
2)  Petrol price increase,
3)  Announcement on slowdown of infra projects by Gov

so what is the future impact???
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Fun event coming soon.

 

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