BH construction cost – is it the time to embark on building a BH? (Part 1)

Today, I like to discuss a bit about the BH construction materials cost.

Due to the shortage of demand and the chain reaction of the financial crisis, major construction materials price has dropped a lot since last year (2008). We have seen that the steel bar’s price plummeting drastically from around RM4000 per ton Oct 2008 to to-date only RM 1800 per ton.

Can we blame the concept of free market or laissez faire for this peculiar phenomenon?

As we all know, “capitalism” is a buzzword in the business & money world.

No doubt capitalism does provide better products for people, but that does not necessarily mean we need to accept unchecked capitalism.

As we have already witnessed recently, unchecked capitalism also has its flaw. Now it has befallen back on us and started taken its toll.

The fact is that today we have to pay high price for something done out of our reach, by those self-centre, selfish and inconsiderate few. Capitalism, so to speak, is a tool utilised in favour of the affluent class of society to help them making tons of money in this “money can buy everything and no money no talk” world and it’s tipped to benefit the big timers rather than the ordinary men on the streets.

In the world of free marketeering and free craving for fruits of the earth, human needs are endless & thirst for material can never be quenched. Greediness and desperate desire for gain and wealth can always rear its ugly head and the honesty & sincerity inside of us can always be nullified by the power of money.

Look at what have happened around us, whatever materials have got the potential to gain premium over selling price in overseas will be exploited and manipulated upon. The actual price of such materials can be twisted to an irrational extent for wanton profiteering and this has cast far-reaching consequences globally at the expensive of the impoverished.

Big timers and money-craze opportunists can gather to monopolise the economy and they have unlimited resources available at their disposal. They will deploy whatever dirty tricks & tactics and means they possess, if you like to name them: create false needs, stockpile materials in mass quantity during low price period and suppress the supply of certain products or goods.

All this at the end will certainly give rise to a sudden price hike. A commodity’s price now is no longer governed by the basic economy theory i.e to be dictated by the force of supply and demand. We are at their mercy under the cover of capitalism.

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I beg your pardon for little bit of sidetrack.

Back to the BH construction cost.

Anyway, prices of most building materials are likely to remain stable this year amid slowing demand and lower production costs on falling commodity prices.

The slump in building material prices will benefit all those who plan to build a BH this year. You’ve got a chance to own a more value-for-money BH this time around! Moreover, your investment is further justified and underpinned by good BN selling price.

This is the right time for you to venture out into this business. This is the time of your life. You have the bargaining power to negotiate for better price from the contractors. You have everything to gain and nothing to lose!

What I can say is now it is a good time to start off your BH as the price of the materials is very attractive and it will save you a significant amount of money. The money saved can be channeled for other useful purposes. Don’t you think it’s great?

So, what are you waiting for?

Let’s get the ball rolling now, my friends.