Property price movement? Landed vs high-rise, again?
Just a few days ago, a close friend told me that he would be buying a high-rise for RM1.4 million. I gave him my views slowly (because he is a close friend) and told him that since it will be his home for a long time, it’s up to him. Even if many could not afford that RM1.4 million property today, chances are they could in the future. Mostly due to inflationary pressure as well as salary increase and successful entrepreneurs becoming richer too.
Then for the next question, would high-rise units also increase in price? Do property price increase also included high-rise? Which type of property has the highest property price increase? Let’s not debate. Let’s just look at actual numbers from our National Property Information Centre (NAPIC)’s latest data yeah. If you suddenly feel scared that the lines are going downwards, please look at the detail to have an idea whether it is a negative number or positive yeah.