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

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antal
post Aug 22 2010, 06:15 PM

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Just driving by tasik prima today and saw big crowd at bolton office so went to look see. They launch 3 story commercial lots at 2.2 mil. Take up looked quite good at more than 50%.

My take is that ppl just don't know where to park their money coz every thing else volatile and risky. So local property appears safe for now. I see this happening at every new launch so prices r going up. For how long, I don't know
antal
post Aug 23 2010, 07:03 PM

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yeah man! It sure is crazy. Every launch now like taipusam crowd. rclxub.gif

I really cant figure this out. I can see the bubble forming but not sure for how long and high it can go. tongue.gif

r these ppl trying to match pace with china, etc brows.gif
antal
post Aug 26 2010, 02:56 PM

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yes agreed. If u found you dream home just buy so long can afford.

IMO prices will go up for a while. How long and how much I cant tell. Since market only started upward trend last year, probably can and will go 2 or maybe 3 years. brows.gif

for investors, I am rclxub.gif so many theorist out there. Guess they know what they r doin icon_idea.gif only time will tell who is right and who is wrong. rclxms.gif



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