You are right. Which housing areas are near office centers?
1. KLCC
2. PJ?

Anyone interested in housing areas along LRT lines?

buy freehold landed property..

Totally agree.

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Added on June 17, 2008, 1:42 pmIm interested. You have any recommendations? New or Existing?

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Added on June 17, 2008, 1:43 pmYeah. Freehold will definitely be better.

This post has been edited by agape_ian: Jun 17 2008, 01:43 PM

The price is going up after the petrol hike! Check the news today!

http://thestar.com.my/news/story.asp?file=...6048&sec=nation

30% hike is ridiculous man...
i think no one will going to buy any new property...
assume RM300k shah alam new house, suddenly pop up to RM390k...
it more expensive the Subang/USJ houses...

I still don't think one should rush into purchasing properties if he's not financially ready for it.

I believe everything related to supply and demand. If everybody hold back their investment, 30% hike just a joke. I can see a lot of new property development projects abandon soon once our nation hit recession, just like 97.

is this a good time to buy a new house??

well the first quarter already see sales dropping

http://www.theedgedaily.com/cms/content.js...f5be00-fa2b82b7

i also doubt on it...
bcos i planned to buy new house next few months but suddenly petrol hike pula...

i think if really can afford to pay for the house then this is a good time since there will be people that delay their plan to purchase you have more room to nego the price, am i correct?

should say developer should no to increase so much for new house pricing...
example i plan to buy RM308k house (4+1 rooms)which launched this early year...
but i decided wait for next phase house with bigger space (3+1 rooms but same design) but selling RM390k?
who the heck going to buy the house worth RM390k (previous phase RM308K) and our expenses for living cost increase too...

My friends, do not buy new or under construction projects. Because when recession hits, there will be abandoned or delayed projects.

Be VERY CAREFUL in choosing the developer and the project. Trust me !!!!!!!!!!!!

I totally agree with this statement.

During recession its better to buy completed properties since they're much much cheaper and has no risk of abandonment unlike its under cons counterparts.

More people will consider used properties espeicailly those near offices or LRT lines?

Heh-heh. Sound advice.

Relax. Most of us can recognise good advice. But why "trust me"? You speaking from experience?

More peoples will not buy property during recession. hahahahaha...
I agreed not to buy under constructions or new launching properties projects. It just too risky. I got many friends still paying loan installment but their properties only manage to complete 60-70%, due to abandoned project.

I personally think one should only avoid newbie developers as strong developers usually have the resources to complete a project with or without recession.

For me, I would go for properties near LRT lines.

how bout Taiko Properties?? Does they strong enuf to complete the project if i buy a new to start construction???