So what happened for properties during the 1997 asian crisis?

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#1
Current 2010,

i think the current properties market now is expensive, went to buangkok EC esparina to take a look, $700 psf... waos.. 99 yrs... only good point is it's 10 mins from mrt.. :O bank interest rate is 1.1%...

Anyone can advice what actually happened to properties during 1997?
psf went down a lot?

Just wanting to look at history...

: )



1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
#1
Current 2010,

i think the current properties market now is expensive, went to buangkok EC esparina to take a look, $700 psf... waos.. 99 yrs... only good point is it's 10 mins from mrt.. :O bank interest rate is 1.1%...

Anyone can advice what actually happened to properties during 1997?
psf went down a lot?

Just wanting to look at history...

: )



1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply


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