Last year, this charming little basic house was in the market. The owner who bought it 1st hand paid under RM90,000 for it. Back then RM90,000 is a lot of money. Initially the owner wanted to let it go in 2010 for only RM280,000. Eventually, he managed to get RM385,000 for it. Which is fair price, considering the interests he has paid and the appreciation over the years. The new owner who bought it has no interest to either live in it or rent it out. Instead, he has put it back in the market immediately for RM650,000.
Without going as far as condemning this, I'd just leave it to all your own opinions. Some say fair enough, everyone just wants to make some money. But my very own opinion is: