Ref to[40661], Are there positive signs???
Dear limo following indication may Point to Positive direction
1. In general
prices did not fall much in last 2.5 years they are almost hovering at same price.
2.There is no down trend in the areas which have residential potential the Price of populated areas is about 3 to 3.5 Lac per Merla for small plots i.e. less than 10 Merla.[not taking into account DHA], The difference between this price and well developed/underdeveloped residential areas is two Fold,
For example In early 2005 it did not make sense when DHA Phase 4 plot among houses was 90 Lac to 1 Cror and DHA 8 File was 80 and DHA 7 file was 65 to 70 Lac, In 2008. To me it makes sense if DHA 4 plot among houses is 90 Lac and DHA 6 possession area is 45 Lac, or DHA 7 is in 35 Lac. Johar Town 10 Merla is 32 to 33 Lac and Punjab Govt 2 Near College Road is 17,18 Lac.
3. Inflation in other sectors is coming up and soon you will see an average experienced professional will get 1 Lac salary in Pakistan, [still people are getting even more than that but it is not common]
4. In Pakistan usual cycle is like 7 to 10 years as we had seen in past.
The only unexpected Dollar surge has depressed the Market temporarily, I agree unfortunately for sort term best advice is to convert your assets to Dollar, which not good for Pakistan, But soon those dollars may be poured to financial system again, If you talk of investor’s trust I think you need 3 more years to earn investors interest again.