Tuesday 2 August 2011

Property boom or Property Bubble?

To buy or not to buy?

That's the questions I got asked nowadays. A lot. With the ever increasing property prices there seems to be no end when the hot streaks is slowing down.

Well, let's put it this way, bull run or not things to have to end at one point or another.Just like to stock market. But with the prices keep increasing (in some areas) some buyers with the "kiasu" mentality afraid that they can't get the property, are willing to pay above market price just to get hold of the property.

But, my question is how long can it last? Not long I can tell you, especially the secondary market.

Just like any investment products, not all are over-price and not all are not worth the time to look into it. It all depends on the product type and location.Like stock market, when there is bull run not all the stocks went in tandem with the market and some not moving at all. This kind of stocks we called them laggards.

So just like stock market, there are quite a number of property locations that are laggard and worth looking for. For more information which are the areas worth looking please email me or contact me directly.

Why I always relate stocks and real estate, the answer is simple. Because in the world of financial and investment, the scenarios are more or less the same and all the tactics and fundamentals are almost similar.