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 Property price/value (Petrol hike), How petrol hike can affect price/value?

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tinkerbel
post Jun 8 2008, 11:54 AM

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@Syd G,
I assume Ur job doesn't require U to travel ?
Syd G
post Jun 8 2008, 04:51 PM

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QUOTE(tinkerbel @ Jun 8 2008, 11:54 AM)
@Syd G,
I assume Ur job doesn't require U to travel ?
*
Chained to desk biggrin.gif
hotlink
post Jun 8 2008, 05:07 PM

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Wanna ask some experts opinion here, will you buy a double storey semi-D which is 90% completed now or you will buy a double storey only later on due to increasing in property value or material cost? (Assume double storey price later on will same with double storey semi D now)
cody99
post Jun 8 2008, 05:37 PM

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What about property near college?
Do u think it will be affected?
Regardless how the Economic goes, there education will go on...

tinkerbel
post Jun 8 2008, 06:03 PM

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@hotlink,
U should ask urself if U need the house now?! If the price is going to remain the same and U don't need the house now, Y get it now and lock ur cash in?

thechallenger
post Jun 8 2008, 06:13 PM

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why don't we choose 10 properties today.. ranging from RM150k to RM450k. Let's see what they are worth 6 months and 12 months from now...

let's have a mix basket of houses/condos/apt...
hotlink
post Jun 8 2008, 08:47 PM

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QUOTE(tinkerbel @ Jun 8 2008, 06:03 PM)
@hotlink,
U should ask urself if U need the house now?!  If the price is going to remain the same and U don't need the house now, Y get it now and lock ur cash in?
*
I mean the price now

2 storey semi D : 297k (90% completed)
2 storey : 260k (New launch maybe will become 280k or 290k when 90% completed)

If i buy now, i can get 2 storey semi D with 297k
if i buy later, with 297k in future, i only can buy 2 storey

Actually is my parents wanna stay with me so that i no need to travel back hometown twice a month.
Besides that , I just feel that I will never ever to own a semi D if i buy later on as everything keep increasing.

tinkerbel
post Jun 8 2008, 09:31 PM

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@hotlink,
Apologies but I don't quite understand what U mean. What's the difference between this 2-storey and 2-storey semi d? 1 is a semi-d whilst the other isn't?
Lawyer1
post Jun 8 2008, 09:37 PM

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QUOTE(hotlink @ Jun 8 2008, 09:47 PM)
I mean the price now

2 storey semi D : 297k (90% completed)
2 storey            : 260k (New launch maybe will become 280k or 290k when 90% completed)

If i buy now, i can get 2 storey semi D with 297k
if i buy later, with 297k in future, i only can buy 2 storey

Actually is my parents wanna stay with me so that i no need to travel back hometown twice a month.
Besides that , I just feel that I will never ever to own a semi D if i buy later on as everything keep increasing.
*
Well, my friend,.... if you have always wanted to stay in a Semi-D, then you must buy it now. Things are so uncertain nowadays, you never know what will happen to the prices later on.

yewkhuay
post Jun 8 2008, 09:39 PM

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he mean a Semi-D (2storey type) vs a Double Storey linked (intermediate or corner?)
tinkerbel
post Jun 8 2008, 09:56 PM

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@yewkhuay,
Yeah I think so but in his original post he did say the properties are the same price mah, so how'd I know there's such a difference.

Anyhow, a semi-d <RM300k?! Er.. just where would it be located?
jchong
post Jun 8 2008, 10:19 PM

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QUOTE(hotlink @ Jun 8 2008, 08:47 PM)
I mean the price now

2 storey semi D : 297k (90% completed)
2 storey            : 260k (New launch maybe will become 280k or 290k when 90% completed)

If i buy now, i can get 2 storey semi D with 297k
if i buy later, with 297k in future, i only can buy 2 storey

Actually is my parents wanna stay with me so that i no need to travel back hometown twice a month.
Besides that , I just feel that I will never ever to own a semi D if i buy later on as everything keep increasing.
*
Lemme ask about the semi-d. From what you mentioned I assume the semi-d is still sold by the developer? Are there many units left in the project?

If there are still quite a few unsold semi-d units it's unlikely the developer will increase the price after completion. So you can afford to wait.

But otherwise yes the normal trend is for house prices to increase upon completion (unless demand is low).

Another question: where is the location of the semi-d vs the location of the terrace house?
gkl83
post Jun 9 2008, 10:12 AM

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i read newspaper yesterday regarding the raw materials (cement, steel bar, etc)...
due to petrol, electric, water hike caused the the citizens having low and middle salary range may no afford to buy houses... government may decide to provide rebate for the developers of the raw material to reduce to house pricing, so citizen afford to buy house later... is it possible for government to do so?
tinkerbel
post Jun 9 2008, 10:28 AM

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@gkl83,
Yes the Govt can do that; in fact, they can just do whatever they want despite troubling their People [ie: increase of fuel]
gkl83
post Jun 9 2008, 10:41 AM

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QUOTE(tinkerbel @ Jun 9 2008, 10:28 AM)
@gkl83,
Yes the Govt can do that; in fact, they can just do whatever they want despite troubling their People [ie: increase of fuel]
*

just afraid the Govt give "empty" promise again... they say will reduce the cost of raw material...
later petrol hike again and they said forced to increase raw materials pricing... rolleyes.gif
felt dilemma now, now i targeted another house at Berjaya Park which beside Bukit Rimau since everything cost living increased... but that Berjaya Park house and Kemuning Utama house no yet launch, price still unknown... i afraid will regret if bought the Berjaya Park house which launched earlier than Kemuning Utama, but Kemuning Utama still within my budget... sad.gif
tinkerbel
post Jun 9 2008, 10:47 AM

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@gkl83,
I don't suppose U need to worry now since prices aren't released. U should ask urself which one U prefer. The prices shouldn't differ much unless there's some kinda wow concept the developer's put in otherwise it's just another area.

In your evaluation, look at things from the macro perspective. If the building's oredi up, chances are raw materials been bought so there's no way the developer's going to be offsetting their cost - or at least that's the excuse U'll hear them give u -- people just wanna make as much $ as they can so if they can sell it to u at a higher price they will!
a6meister
post Jun 9 2008, 12:28 PM

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QUOTE(gkl83 @ Jun 9 2008, 10:12 AM)
i read newspaper yesterday regarding the raw materials (cement, steel bar, etc)...
due to petrol, electric, water hike caused the the citizens having low and middle salary range may no afford to buy houses... government may decide to provide rebate for the developers of the raw material to reduce to house pricing, so citizen afford to buy house later... is it possible for government to do so?
*
I really doubt this government can do it. RAW MATERIALS FOR BUILDING CONSTRUCTION is a big business. They cant even control the electricity tariff properly ( which TNB IS A GLC ), AND RIGHT NOW THEY ARE TALKING ABOUT building raw materials. CHILDISH GOVERNMENT.


Added on June 9, 2008, 12:32 pm
QUOTE(tinkerbel @ Jun 8 2008, 09:56 PM)
@yewkhuay,
Yeah I think so but in his original post he did say the properties are the same price mah, so how'd I know there's such a difference.

Anyhow, a semi-d <RM300k?!  Er.. just where would it be located?
*

i do confuse about what Hotlink mention as well. and the question seems like too subjective. since the semi d is that cheap compare with double storey link house, why you still puzzles of buying it ?

secondly, i would also like to know where can i get a semi d below 300k in Klang Valley.

This post has been edited by a6meister: Jun 9 2008, 12:32 PM
aaronpang
post Jun 9 2008, 03:19 PM

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QUOTE(gkl83 @ Jun 9 2008, 10:12 AM)
i read newspaper yesterday regarding the raw materials (cement, steel bar, etc)...
due to petrol, electric, water hike caused the the citizens having low and middle salary range may no afford to buy houses... government may decide to provide rebate for the developers of the raw material to reduce to house pricing, so citizen afford to buy house later... is it possible for government to do so?
*
To me this is a case of robbing Peter to to pay Paul...

Makes little difference in the end...

Altho right now I've planned some minor renovations I've to quickly confirm and lockdown the prices before it increases sad.gif again doh.gif
tinkerbel
post Jun 9 2008, 03:51 PM

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@aaronpang,
Yeah U better get the renovation works completed soon before raw material price increases again biggrin.gif
rourou
post Jun 9 2008, 04:41 PM

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QUOTE(ah_suknat @ Jun 6 2008, 03:54 PM)
I am waiting for good bargain during auction instead wink.gif
*
does these really works?? i've gone through an agent to acquire 2 properties from auctions but the seller always bail out last minute sad.gif sad.gif... is it really the case or internal workings?? unsure.gif

i'll reckon that existing property (not new ones) in town, price ain't going to go down any time soon from the discussion (soon as in 1 or 2 years time). what do you all think of a RM180k landed single storey in Pandan Jaya. there's existing tenant at RM700/month. good buy?

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