ABCs of Property Investment
Property Investment 101: Property price update. Going up or coming down?
Typical Homeowner: I want to sell as high as I could. My property is a very good property.
Typical Homebuyer: Please sell me at a lower price. Market is slow, I want better prices before I buy.
Homeowner with an overpriced property: If I sell at this price, I will lose money. If I do not sell, then I have to keep paying the monthly mortgage. Property investment is such a bad investment.
Homeowner with an in-demand property: I prefer to have that extra RM50,000 even if I know if I reduce it by RM50,000 I could sell quickly. Let’s look at some of the offers first.