Aug 21 2013, 11:48 AM
QUOTE(ProperTYcoon @ Aug 21 2013, 11:24 AM)
Hi, I don't quite understand your statement as abovestated.
Price increase Dramatically, it doesn't simply Boom up 300% daily/weekly.
Example of the Trend
->Purchase from Developer 650k
->Before O.C. Obtained (According to research/analysis) 15-20% increase to 800k
->After O.C. (Depends on Demand) either it will stuck at 800k, or It goes up by another 5% to 860k
->So that goes on yearly from 2%-5% until supply runs out
I agree with this trend, which I experienced for my two properties that recently VP. The other two that will VP next year are also treading the same trend. It is hard for prices to come down, unless the global economy goes into recession/ depression again. Latest data indicate that US has recovered sufficiently to consider withdrawing the QE. This means US demand for import goods will increase which will benefit our regional economies. KL could be looking at easily 0-5% growth while JB at minimally 10-15% price growth in 2014 for new launches.Price increase Dramatically, it doesn't simply Boom up 300% daily/weekly.
Example of the Trend
->Purchase from Developer 650k
->Before O.C. Obtained (According to research/analysis) 15-20% increase to 800k
->After O.C. (Depends on Demand) either it will stuck at 800k, or It goes up by another 5% to 860k
->So that goes on yearly from 2%-5% until supply runs out
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