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

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post Jul 13 2008, 04:12 PM

Moonlight Healing Escalation!
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Senior Member
675 posts

Joined: Jan 2008
From: Heaven


what kind of house are u buying?


i have info that the newly developed houses price will increase by 30% next year to make up for this year's hike in steel and cement. it's a different story if you buy a second house somewhere else though ...


also, kopitiam talk is that the price of houses will increase, and then demand will drop, thereby causing the prices of houses to drop along with it... but that is only conjecture. i don't believe property in good areas will decrease in sales price.

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