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Showing posts from September, 2008

Appreciation

I was out in my porch when my good neighbor started to chat with me. Her neighbor just finished renovation and is moving in in October. I asked her if she knew how much her neighbor paid for the house and she does not know. She said the house was on offer for 600K but there were no taker – so it was probably sold at a price that’s lower than 600K. She said one can’t find a house at the price that I bought and it really is my good fortune to buy one at 415K.

I’d never imaging that I could live in one of PJ’s most sought-after address. I still remember starting my first job in an office in PJ. At that time, property prices around that area was already booming. A typical double storey house in Bandar Utama would cost RM300K and above. I remember thinking that it was so high I’d never be able to afford a place there. My colleague, Mr Lim, said he bought his house when it was first launched at RM190K and he was extremely delighted that the price has jumped so much. He expected it to go much…