Dec 21 2009, 07:38 AM
QUOTE(Minolta @ Dec 17 2009, 09:58 PM)
Bubble? Now? Sure thing. Its so obvious. But this is the starting of the bubble. Past 20months interest rates were historic low. Imagine Bukit Jalil area can go for RM400/sf! Damansara Perdana RM400/sf. Million ringgit terrace house in Desa Parkcity. New launches were sold out fast.
New launches will be benchmarked against previous launches and it can "only" get more expensive now. Bank loans are stable. I don't forsee a BLR hike in next 6 months at least. So the bubble will still grow. Till when? Its the million dollar question!
So lets ride the bubble. But make sure we get out before it bursts. Now's just the starting! What is expensive now will only get more expensive.
minolta
Just bought a still under construction project with 3 years completion time. How to get out before it bursts New launches will be benchmarked against previous launches and it can "only" get more expensive now. Bank loans are stable. I don't forsee a BLR hike in next 6 months at least. So the bubble will still grow. Till when? Its the million dollar question!
So lets ride the bubble. But make sure we get out before it bursts. Now's just the starting! What is expensive now will only get more expensive.
minolta
got stuck for 3 yrs?This post has been edited by countdown: Dec 21 2009, 07:44 AM
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