PDA

View Full Version : Hold Cash or Buy Property



irng
29th October 2008, 08:44 AM
now that the economy slow now, i thought there will be supply of private properties cos alot of people will need cash due to bad investment. but in fact this is not the case leh, the private property market is very quiet, my friends in property are suffering. in fact, i thought it will be a good time to buy property now if you have cash cos property might be cheap cos alot of investor would like to let go.

on the other hand, i'm not sure if i should get a propert now as i heard rental is low too. hmmmm.... should i just hold on all properties investment?

huey
29th October 2008, 10:37 AM
i totally no idea about economy one. but my hubby say now still not low enuff. pp dun buy but not really selling oso... so not like share everybody dumping. aiya... I told him just keep our money n make sure got food on table. dun even know how long this recession will be... so like preparing for winter...hahaha...pp store food, i store cash.

McMuffin
29th October 2008, 07:20 PM
Shares have fallen a lot but property has only dropped a little so I think property prices should fall more substantially next year. However, there should be some desperate sellers around now so can kato them :D

irng
30th October 2008, 12:23 PM
yar, that's what i thought a property also, so wait some more lor. like what huey say store cash for the time.

routristan
21st December 2009, 11:53 AM
my opinion. . . buy property. it will grow your cash in good time

irng
16th April 2010, 08:17 AM
yar i start to agree. it will bring you income in the long run.

fellascarpet
30th December 2011, 02:43 PM
my opinion. . . buy property. it will grow your cash in good time
Right dear, if you have good cash in present. than it will good for you...