Oct 13 2008, 10:50 AM
QUOTE(hanif444 @ Oct 11 2008, 11:44 AM)
but now material cost already gone down,are we get discounted new housing price too?...dun think so..
Cement price and steel price have not really gone down. Cement and steel are now open to the current market, no more controlled pricing. House price is primarily location. But there is already an average increase of 15-25% on overall property price in KL.
However, if BNM revised the BLR upwards then you may see house price decrease cos demand will reduce.
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