Wednesday 29 June 2011

Property price hike

I got this information from the website stated as above. Lately I'd received many sms stating a ready buyer interested in my units. To be surprised, the price offered is in the range of RM430k and above. A quick check in the iproperty also found out that most of the units for sale starts from the price of RM400K or 363psf. Just wondering anyone of you obtain a real transacted price. Any valuer from bank can verify this.

Those earlier investor who bought in from block A must laughing all the way to the bank as the margin had come close to 50% of the developer price (RM160 psf). But i don't think so there's that much of supply in the market right now to meet the demand.

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