Property will always go up , due to land is scarce as a commodity. You cannot create land out of thin air.
price may stagnate a little, and you might get some bargain all the time from people wanting a quick fire sale.
If Malaysians have holding power , how long do you think we can hold off our purchase of home ? Seems to me Malaysians in general have holding power , as we all still have jobs and no mid level heavy retrenchment and jobless.
Speculators are currently holding on their property , hoping that they can outlast the slowing down of property purchasers demand. They are tightening their belts , spending less in the retail markets and paying off their investment dues.
So let's see how long they can continue to scale down their lifestyle , or would they be victorious as buyers cannot wait to own their first home without sacrificing their lifestyle by living further away.
RPGT for property disposed >1year, Can it be 0% if no profit made???
Mar 14 2014, 10:38 AM
Quote
0.0177sec
0.68
7 queries
GZIP Disabled