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buy house now?, is it worth to buy house now?
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n73me
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 Jun 29 2008, 12:12 PM
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QUOTE(robertngo @ Jun 29 2008, 01:19 AM) i would say better buy a completed property now as soon as possible, construction cost is expected to keep rising until 2009, developer will have no choice but to raise price, renovation cost will also increase, if you have the budget and can find a good property, why not buy now. I just buy one last week, still waiting for Public Bank to approve my loan application, better play it safe and go for fixed rate. agree with you, developers have already hinted that they have to increase prices by 30% soon. even completed property are taking this opportunity to increase the prices, i was talking to a seller a few days ago, compared to the price 2 months ago, he has already increase his price by 10 - 15K |
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n73me
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Jun 29 2008, 04:08 PM
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QUOTE(n73me @ Jun 29 2008, 12:12 PM) agree with you, developers have already hinted that they have to increase prices by 30% soon. even completed property are taking this opportunity to increase the prices, i was talking to a seller a few days ago, compared to the price 2 months ago, he has already increase his price by 10 - 15K on top of that , i want to add that a lot of house owner have decided to rent their property rather sell now it in anticipation of the rising cost property. |
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n73me
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Jul 2 2008, 09:34 AM
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Lets put it this way, whether or not to buy a house now really depends on your needs. If you are an investor, of course you have the luxury of waiting for the right price to come along. if you plan to get married of whatever reason that requires you to get a house in the near future, you got no choice, you cant really wait for the price to go down. Should there be a big time end of the world recession like some of you guys predicted, buying house will be the last thing in your mind.
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n73me
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Jul 25 2008, 01:38 PM
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QUOTE(kevyeoh @ Jul 25 2008, 11:42 AM) is it a time to buy house now? i don't know..cause i'm not investment guru... but i have already lost RM40k because the house i was offered last year...which cost RM320k is now RM360k... like what has been said...if you need a home and u can afford it...just buy if everything is right for you, price, location etc cause if you wait...you might not get the chance anymore... if we keep on waiting for the "end of the world" kind of recession like mentioned above, i bet we will forever be renting a house to stay or staying in with the parents  like what one of the guys mentioned, is it worth the wait ? your guess is as good as mine. |
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