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Financial Is property going to drop?, General property price discussion

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Red Coffee
post Aug 20 2010, 05:37 PM

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goks, yes this people are insane but that is the way to b at this point in time. My boss bought an unsold unit (a bungalow) at Bandar Kinrara 2 years ago at RM1.6m and sold it early this year at RM3.2 and he said if now can easily sell at RM3.5m. He bought 3 storey unsold shop house in bandar kinrara at RM1.3m 6 months ago and now buyer ready to pay RM1.9 but he is holding until buyer willing to offer RM2.4. He ask me to buy 2 storey terrace for RM488K i said overprice, then another launch RM540k i said overprice, then another launch RM620K i said overprice, then another launch at RM720K i also said overprice. haha..at the end i dun make a cent from speculative market. But my boss...sentosa, desiran, hening, melodi he also bought 1 unit...now how?? he become loaded lor...me..how?? same like before lor...i just wanna share my story and i am not saying but or not buying is right or wrong..
Red Coffee
post Aug 20 2010, 05:59 PM

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does it matter whether it is real buyer or they are mere speculator as long as the Property u buy today give u good return/profit tomoro that should be consider good buy??
Red Coffee
post Aug 24 2010, 12:38 PM

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u r absolutely right brother suang!

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