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

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imax80
post Mar 2 2010, 08:45 PM

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QUOTE(thk38 @ Mar 1 2010, 10:00 PM)
Property's speculator hinting that there will be a hike of 20% housing price overhere in sabah... Now, an average paid sabahan will take another extra 5yrs++ to paid off the 30yrs++ loan for only a terraced housing.
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properties in KK already overpriced IMHO considering the average income of the working people there, in outskirt inanam itself apartment wif 8++ sqt already reached RM140K++, few months ago my friend working in KK say the property prices there going crazy and ridiculous, people wif money datuk2/businessman/high post government servent took advantage by buying several units and rent it out, rental market there is very good especially around the city, my friend work as civil servant there got several units in beverly hill luyang and all let out and never have problem to find tenants icon_rolleyes.gif

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