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

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TSagape_ian
post Jun 6 2008, 12:04 PM, updated 18y ago

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From: PJ


How the recent hike in petrol/diesel can affect the properties (residential) value/price? If the petrol/diesel price continue to increase again, what about properties?
TSagape_ian
post Jun 17 2008, 01:41 PM

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QUOTE(Molotov Cocktail @ Jun 16 2008, 10:10 PM)
Hi, I'm newbie here. This my opinion on how the rise of petrol can affects properties price. I think the price will increase because people tend to seek a property that is in vicinity of their working area to save petrol cost.
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Totally agree.


Added on June 17, 2008, 1:42 pm
QUOTE(oumind @ Jun 17 2008, 09:56 AM)
You are right.   Which housing areas are near office centers?
1. KLCC
2. PJ?

Anyone interested in  housing areas along LRT lines?
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Im interested. You have any recommendations? New or Existing?


Added on June 17, 2008, 1:43 pm
QUOTE(hanif444 @ Jun 17 2008, 12:02 PM)
buy freehold landed property..
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Yeah. Freehold will definitely be better.

This post has been edited by agape_ian: Jun 17 2008, 01:43 PM
TSagape_ian
post Jun 17 2008, 01:44 PM

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

http://thestar.com.my/news/story.asp?file=...6048&sec=nation
TSagape_ian
post Jun 17 2008, 04:59 PM

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QUOTE(oumind @ Jun 17 2008, 03:27 PM)
More people will consider used properties espeicailly those near offices or  LRT lines?
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For me, I would go for properties near LRT lines.
TSagape_ian
post Jul 19 2008, 12:45 PM

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With petrol rebates distributing around POS, do you think it will still affect the property value?
TSagape_ian
post Aug 26 2008, 04:25 PM

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With petrol going down 15 sens just days ago, do you think it will still affect the property value?

 

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