Property Price Fixing

Posted by Kris | Friday, August 15, 2014 | , | 2 comments »

Property Monopoly


Recently I got a letter in my mailbox. The letter describe how should I price my property if one day i decided to sell it. Honestly, I was very surprised (somehow delighted) that according to the letter, the anonymous people ask a valuer to value my property. It is almost 100% of my purchase price!

Nevertheless, i think the letter delivered to me and my other property neighbors has the following intention:

He/She does not want us to sell down our property below a certain threshold hence spoiling the overall market.

Market is on a bull run even though the KLCI chart is still a downtrend. Penny stocks and any stocks is moving upwards like a rocket!! There is a lot of FREE seminars organized by investment banks, so much that I was invited and will go to 2 different seminar on market outlook this coming weekend. 

Nothing much to do , so go and listen :) P.S Throughout my investing life, I think i been to every single hotel ballroom in the state. Lol...



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2 comments

  1. Happy walker // 11:56 PM  

    no $$ buy property how ah?

    Regards,
    (A Growing Teenager Diary)

  2. Kris // 10:39 PM  

    Save and earn money.. :P