Friday, March 23, 2007
Monday, February 12, 2007
Tuesday, January 30, 2007
Thursday, January 11, 2007
Everybody have their own dream house,what type of house is your dream house?
Nowadays,everybody want to buy a house.But before buying a house have you ever consider can u afford to buy a house?If not why are u following the crowds,people buy so you buy.Dont ever buy a property without doing analysis.
%Interest Rate(per year)=7%
Total amout of interest=14000( per year)
Payback period(30 yrs)=360months(assumption)
Monthly Payment=1722.22222per month
Maintainene Fee=150per month
Wednesday, January 10, 2007
So ceiling prices goes up.Does this mean the propertyprice will increase?
According the Real Estate and Housing Developers'Association (Redha) president Ng Seing Liong investors can expect purchases to be more costly in six months or so,adding that the higher cost of construction will eventually be passed on to property buyers except in areas where there is an oversupply.
Predicted property prices increase in the range between 2-3% which is proportional with the rise in cost of construction.
In UK,price increase by nearly 10% over the last 12 months of 2006.Continued demand from existing households combined with a lack of housing for sale could result in further upward pressure on house prices in the early part of 2007. In the absence of any external shocks to knock market sentiment, the demand for housing in 2007 will continue to be influenced by short term expectations over interest rates and the prospects for future house price growth.