the price of house is much more related to the land, if remember last time read about a property developer said that if you can get a piece of land in klang valley with a reasonable price you are almost sure of making profit from the project.

Anyway Bank Negara have said it will not raise the rate at this moment, but ask we have seen in the past this government can change it mind anything. with the inflation rate rising, Bank Negara may well be force to raise the BLR soon.

the place actually quite good within the golden triangle and close to LRT. i am hoping we can get more development like these single bedroom studio apartment right next to LRT and within the city center, you can walk to LRT and directly to office with fuel price going up to USD 200 i think this is good solution for single working adult or couple with no children. If the fuel price later rise to RM 6 per liter, a lot of ppl will looking for job closer to home, or home close to job. right now i see a lot of ppl living in one place and work at the other side of town. which include me staying in cheras but work in cyberjaya need to plan know where to buy my house and where in want to work.

This post has been edited by robertngo: Jun 10 2008, 01:55 PM

bandaraya and dang wangi lrt and monorail station is also nearby not sure which one is the nearest. haha Cityone is really a disaster, price of unit actually depreciated. who is those idiot that rent out their unit to contract workers? the apartment design actually quite nice, better that maytower.

This post has been edited by robertngo: Jun 10 2008, 03:39 PM

developers dont seen to be very interested in developing studio apartment currently, only seen a few example like Marc, 10 semantan and maytower. but maybe later there will be a trend of people moving into the city center instead of moving futher out into the suburb because the cost of transportation is too high

This post has been edited by robertngo: Jun 10 2008, 06:08 PM

well the first quarter already see sales dropping

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

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?

i think it is more like they have slow sales these few months, trying to scare people to buy immediately before price hike so they can sell more, later cost increase less people buy they product, they will be in trouble.