Aug 21 2013, 11:33 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
So within 3 years the prop price increased 30%.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
Now let's talk about demand.
Demand is also depending on affordability. We can 'demand' to buy. but if cannot afford also no use, right?
The same situation above; prices went up 30%, but does the average income in Malaysia shoot up by 30% in 3 years?
If not, how to sustain the demand?
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