Property Investment 101: Are you sure prices would move upwards?
When asked this same question for too many times
I have been asked this question many times. Maybe someone hope that if they ask me enough times, my answer to them may be a different one? Haha. “How sure am I that the home price will continue rising?” As usual, my answer is just look at all the more advanced countries than Malaysia. Stop thinking of Malaysia as a centre of the world for property. We are not. Not even close to that status. Most of our transactions are from Malaysians. As for answering the question about the potential for home prices to keep rising, let’s not write. Let’s just look at charts after charts. All are from tradingeconomics.com
There’s Malaysia. Followed by Singapore, Australia, Thailand, Japan and the United Kingdom. Let’s state the most obvious one first. All these property markets have shown an increasing price trend when we stretch it over a long period of time of many years.
Hopefully there are nough numbers for an answer as above
Will house prices rise like most of the charts; fast and furious? I personally do not think the prices would rise so fast these days. In fact what I think will happen is that inflation would be one key reason for rising prices. It does not need to rely on just selling price by the owners. So, if you intend to sell your property, here’s an article for reference: 6 reasons to sell your property
Happy reading!
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Next suggested article: When rates rise, buying falls, financial logic right?
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