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

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gkl83
post Jul 17 2008, 08:04 PM

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QUOTE(fraulein @ Jul 17 2008, 10:53 AM)
Ooo.. then it's still an unsure whether property is going to drop or not in Malaysia, also depending on the location I'm trying to buy.

We are thinking of Setia Alam which is freehold but the current price is quite steep at minimum RM295K for 18X65 double storey terrace. Is Setia Alam considered as prime location?
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QUOTE(fraulein @ Jul 17 2008, 03:20 PM)
Means I can still afford to wait, right? and hope that it'll drop.
At the other hand, if it's increasing their price, may not increase by too much?
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RM295k for 18X65? sweat.gif
somemore need to pay toll everyday and no so convenient to go anywhere too... why dont spend the money for ur house installment rather than pay the toll for few decades? sweat.gif
but i think they just increase the price, they cant sell the house for now, may able to sell those house after some times...
i got a house beside KESAS highway worth RM308k 22X70 (quality so-so, but i love the house design), built up 2100 sq ft with 24hr gated&guarded and community society type, at least almost go to anywhere no need to worry about the toll fare and may hike again in future...
even new house at Bandar Puteri, Klang (IOI property) which beside KESAS also, worth RM270k for 22X75 with better quality...

This post has been edited by gkl83: Jul 17 2008, 08:23 PM
gkl83
post Aug 8 2008, 06:36 PM

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most probably new property price wont be going down...

Garden A (2006, 2007)
Phase 1: RM293k
Phase 2: RM298k
= Difference RM5k

Garden B (2008)
Phase 1: RM308k
Phase 2: RM353k (going to launch 21th this month)
= Difference RM45k

Garden C (2008) - 1 phase only for small garden
Before: RM265k
Now: RM285k
= Difference RM20k

The difference of pricing said thousand words...

Note:
All the houses within the same garden 99% same exterior design and same land size,
Just slightly 5-10% difference for the interior design

This post has been edited by gkl83: Aug 8 2008, 06:45 PM
gkl83
post Mar 31 2009, 07:23 AM

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http://forum.lowyat.net/topic/741185

hence i think property wont down, government expecting us to take our own money to be "release back" into market (investment) rather keeping the money in fixed deposit...

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