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 Landed Property, Landed Property value

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gkl83
post Dec 3 2008, 07:36 PM

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QUOTE(c26 @ Dec 3 2008, 05:14 PM)
Hi,

I'm planning to buy a new house cost RM270K and it is in Cheras Damai Perdana. My question is should I wait until end of 2009 coz everybody is saying the house value will drop next year.
I have search on the internet and found out that most of the auction houses are Flat/ Apartment. Is it possible I can get a cheaper house in auction? tongue.gif
Please advise
*

yes... u can get cheaper house when low demand seasons and economy recessions...
economy recessions = ppl no money = no keen to buy house = less demand...

for my info from experienced person, this recessions minimum will last 1.5years... longest may more than 3 years...

 

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