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Investment Property Market very slow now, Both new launch and subsales

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BeastB
post Sep 2 2015, 09:40 PM

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In my personal view, if I had the cash to buy a new property now I would wait. Because there is so much uncertainty with big a$$hole leading the country, and where the economy could head towards in the next two years. I hold two properties so far but both are easy to rent out so not panicking in terms of letting go, since rental easily beats my mortgage. Both props were bought about 6 years ago.

Today, to buy the much appreciated properties, amidst all the scandals? There should be a better time....IMO. There's no right or wrong right now, but it's not a bad time to be cautious.
BeastB
post Sep 4 2015, 01:34 AM

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QUOTE(leonhart88 @ Sep 3 2015, 02:26 PM)
then where are you parking your money now?
*
Moved a chunk of it to an existing account in Barclays bank, ie. bought pounds when ringgit was around 3.9.

 

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