A lot of our contractor is complaining that the cost of construction material is keep on increasing. Even though the fuel cost is reducing slightly, it doesnt have any significant effect on the material cost as looking from the previous years, it will take a long time for the materials to reach a stable price..
So, most likely that the new houses nowadays will not come cheap.. Already the new houses cost rise to about 5-10%.
Financial Is property going to drop?, General property price discussion
Aug 3 2008, 09:24 PM
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