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Property in Pakistan,

(112842)
   Ahmad Mustafa
Friday, February 9, 2018 07:18 PM 
Reply: >
I am surprised that the property market in all cities in Pakistan is completely stagnant. What are the causes of this stand still situation?

This stand still is causing serious concern to the foreign investors.

Constructive comments for CMY or LRE team would be much appreciated.
Thinker replied on Saturday, February 10, 2018 05:54 AM 

Its very simple. Property prices doubled between everywhere in Pakistan. However peoples income does not double in 2 years either here or abroad, hence no buyers. It usually takes 7 years for income to double (10% increase per year), hence property will remain stagnant for a number of years before the cycle starts again. This cycle has been going on for the last 70 years. nothing new.
Manan replied on Saturday, February 10, 2018 06:15 AM 

Dear thinker
Your points seems logical.. However there are other reasons such as imposing high taxes etc on realestate.
Rana_Australia® replied on Saturday, February 10, 2018 07:31 AM 

I believe
- Political Chaos
- Many avenues to invest ( DHA Multan , Bahawalpur, Peshawar, Guj, Rahbar) in addition to prism & Phase 8 has bifurcated investment
- Property prices increased to a new level till mid 2016 ..now some time required to gear up again

The best places to invest are DHA Peshawar ( not much hype in Punjab but it's vicinity is 3 crore for Kanal) and DHA Multan . Short Term investment is DHA Bahawalpur to gain 6 lakhs in next 6 months. Gwadar is extremely risky and volatile as Singhar & New Town are being taken by Chinese Port Authority . Bahria I cannot comment much ( never been a fan of it)
Hm replied on Saturday, February 10, 2018 02:38 PM 

Dear Mr Rana_Australia. Please can you comment more on #6 whether this is a rumour or already disclosed by govt? Thanks
Rana_Australia® replied on Saturday, February 10, 2018 03:07 PM 

Point #6 was a hot topic when I visited Gwadar recently . I stayed at Naval Guest House . Naval senior officers told me not to invest till 6 months . Gwadar is not as simple as it looks . Big Fish like Saudi Aramco , AP Moller and Maersk have purchased big land .shanghai hotels chain is coming.Small investors might be eradicated. I advise to invest after careful research
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