Jun 9 2008, 11:31 PM
QUOTE(mark0411 @ Jun 8 2008, 06:11 PM)
I've decided not take up the house or loan after all. I think i'll just wait and see on what's going to develop over the next 12 months before deciding whether to buy 300k house or cheaper and smaller house.
So guys, what do you think will develop over the next say 12-18 months? Do see the house price increasing or decreasing?Do you think its a good idea to be put off the plan to buy a house for now?
The house price will increase drastically. If you're planning to buy a house, better do so now. I've been serving developers as a banker so I know their increment. Those developers that normally increase only 5k to 10k each phase for house around 300k (same house design and built up) will now increase 30k to 40k coming phase.So guys, what do you think will develop over the next say 12-18 months? Do see the house price increasing or decreasing?Do you think its a good idea to be put off the plan to buy a house for now?
As for the bank rates, they're forever competing like mad so the rates are forever changing.
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