Overall new property price drop next year? , Reason- no more DIBS + Higher Govern Tax
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 Aug 21 2013, 11:52 AM
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#1
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Senior Member
829 posts Joined: Dec 2010 
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Why drop?
Land = Less Demand > Supply Population = Increased Construction Cost = Increased Went to a forum... was told we need at least another 2 million houses in coming years but we can only produce roughly 150,000 houses. So demand is always higher than supply. Price will continue to increase just depends on how % every year. |
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Aug 21 2013, 04:52 PM
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#2
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Senior Member
829 posts Joined: Dec 2010
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QUOTE(Neocable @ Aug 21 2013, 04:09 PM) Haha jastan we need 2mil for Banglas in 5 years. So yes there is demand. Supply is trying to catch up 2 Mil residential prop is needed. Thats what i heard   This post has been edited by savants: Aug 21 2013, 04:52 PM |
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Aug 21 2013, 04:55 PM
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#3
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Senior Member
829 posts Joined: Dec 2010
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QUOTE(jastan @ Aug 21 2013, 04:04 PM) Hi Savants, It all based on research and gov static... which i dont have with me now. Many ppl moving in fr urban also expat. We have a total of 50% population which is still under 30 yrs and most is still looking for their 1st house. R u sure the forum that u went in stated we need at least another 2 million houses in coming years?? Is it logical?? 2 Million houses for who to stay?? Our population grow so fast?? The number is scary but this is what being told in the property convention. |
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