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

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smallP
post Jul 15 2008, 02:11 PM

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QUOTE(map @ Jul 13 2008, 04:12 PM)
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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Price already increase lor...a build n sell property at cheras by ijm, previously ask on March, the price around 130k when launch, but now..said 160k when launch..so od up by around 23% shakehead.gif

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