Overall new property price drop next year? , Reason- no more DIBS + Higher Govern Tax
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 Aug 21 2013, 12:25 PM
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#1
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1,745 posts Joined: Jan 2013 
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QUOTE(asil66 @ Aug 21 2013, 11:23 AM) i think it all depends on the type of properties n location.... i don't think price for landed properties wil drop... but condos n commercial properties, maybe..... Landed property will drop only when petro price increase 1000% or car price increase 1000% or toll increase 1000% or parking fees increase 1000% or road tax increase 1000% When ppl not afford to drive n jam in the road, condo near public transport become ong ong n expensive. |
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Aug 21 2013, 12:34 PM
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#2
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1,745 posts Joined: Jan 2013
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QUOTE(savants @ Aug 21 2013, 11:52 AM) Why drop? I try to post a ads to lease out my apartment at puchong, damn damn many ppl call me n come to view house.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. Demand definately very very high in certain area  Impossible that house price will drop, unless there is no job offer at klang valley, the rest is not a concern at all. |
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