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Thread: Hold Cash or Buy Property

  1. #1
    Join Date
    Jan 2008
    Posts
    297

    Default Hold Cash or Buy Property

    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?

  2. #2
    Join Date
    Jun 2007
    Posts
    47

    Default

    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.

  3. #3
    Join Date
    Jan 2007
    Posts
    181

    Default

    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

  4. #4
    Join Date
    Jan 2008
    Posts
    297

    Default

    yar, that's what i thought a property also, so wait some more lor. like what huey say store cash for the time.

  5. #5
    Join Date
    Sep 2009
    Posts
    68

    Default

    my opinion. . . buy property. it will grow your cash in good time

  6. #6
    Join Date
    Jan 2008
    Posts
    297

    Default

    yar i start to agree. it will bring you income in the long run.

  7. #7

    Default

    Quote Originally Posted by routristan View Post
    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...

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