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

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lelynx
post Mar 4 2009, 04:30 PM

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Joined: Aug 2005
From: Selangor


imho, prop. at m'sia is still doing respectively well even during this crisis period
proof of selling trend can justify this
1. 530k new launch at Putra Height, 30 units being booked/bought within the 1st 3 weeks of its launch
2. as goes with Bdr Puteri Puchong with price tag > 500k as well. 1st week and u can see at least 10 units being booked/bought

well, i would say this...
- if the price of the prop. were reduced. mostly likely it's from those small developers whom are desperate for $
- this kind of prop is not worth as the future development will be unknown
- as of those big players (Setia, IOI, Gamuda, YTL, Mah Seng and etc), they will only offer u attractive package (5/95). but they will not reduce the price

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