Price of property in Malaysia still going up dispite the financial crisis
Sometime ago in year 2007, I made a property purchase somewhere in the heart of PJ for a condo.
It was my very first purchase on my own. (of course my hubby help me with the downpayment la)
I considered myself lucky to be able to purchase a property of my own....and pretty proud to own one before the age of 30.
That said property is still yet to complete and the date of completion have been delayed. I can't help but to think that i'm taking a huge risk especially in this financial crisis where such projects can well be abandoned anytime (touchwood).
However to my surprise, these little units are being sold like hotcakes and currently have gone through Nth time price adjustment. And to my surprise, the price for my unit have already gone up close to 100k!!!!
oh dear, if you ask me to pay for the current price for such a small little unit.....i wouldn't have even considered one bit.
Looking at the prices of properties in Malaysia, i doubt we would be able to afford another house.....how i wish i could afford a bigger home as the family grows.



