Prices will be adjusted when those developers stop to "support" the prices and wait for other people to continue supporting the prices...if the people can't absorb the prices, the prices will drop to a level which people can absorb....like stock market...

depend on who you talk to..base on my previous case, can refund but after some thinking decided go for endlot

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Added on April 19, 2011, 3:57 pmyup... end of the day, developers do need sales to survives

This post has been edited by Iceman74: Apr 19 2011, 03:57 PM

http://www.iproperty.com.my/news/3445/Mand...row,-says-REHDA

Mandatory build-then-sell concept will hamper property industry grow, says REHDA

See Hoy Chan Holdings group director Teo Chiang Kok said full implementation of the BTS concept would push property prices higher as developers would factor in price and additional risks into their cost.


http://www.theborneopost.com/?p=115357
Build-then-sell concept impossible, says DAP

RM5K per sf in five years

so next year shud be RM2K already lo ??? let's wait and see.

btw, i really wanna know who is the person that said this

okok, by then just let the speculators to sell the properties among themselves la.

average malaysian no need to work la, work so hard also cant provide family with a shelter, just go protest on the street coz nothing to lose?????

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Added on April 19, 2011, 4:06 pmthis is the difference between genuine buyers and speculators. genuine buyers although worried about the prices but still have afforability in mind. speculators may just sapu ???

This post has been edited by godutch: Apr 19 2011, 04:11 PM

Very unlikely at the moment.. either launch at almost same price or slightly higher within the vicinity... Berjaya wont launch RM400k condo in Bukit Jalil, I&P wont launch RM500k terrace in Kinrara.. Only 1 condition you will see unusual cheap prop in prime area "during a major down turn in econmy" like asian financial crisis and US subprime..

You may find cheaper launching price at outskirts

govt can't afford to let the ringgit to appreciate much coz we are an export oriented country. appreciation of ringgit, manufacturing sector will be badly hurt, economy koyak.

Come on you must define the thread before we can answer, you are referring to "are property prices going to DROP?", then is you to answer how much % will drop, we hv no duty to answer (how much to go up) although we believe the mkt us still good, one must be crazy if he/she claims that property prices will forever go upward trend, as I said earlier, my view is not likely we can see any major correction in 2011 & 2012, but 2013 shd be a turning point and 2014 will see some significant drop (10%-15%) for certain high end condos and shoplots...
I manage to check with bankers & property agents in Puchong, the sub-sale is showing a 30% drop in enquiries, landed property prices remains stagnant as compared to the last quarter of 2010, however new project is receiving even greater BBB in areas like KR and Bkt Jalil condos compared to 2010. Other area I shdn't comment coz I dunno...

Someone has suggested to open a new thread "how much rooms for property prices to go up?", I think can be discussed as well

a currency can only appreciate against others if there is a lot of foreign exchange buying the currency, i.e. foreign inv coming in an/or high production exports to earn foreign currency. good example is sgd - this island attracts lots of foreign money, tourist$ and foreigners buying the props.
if you look at the rm performace in the last few years, it has depr against all major currecncies except the usd - that's because usa released >1.5 trillion new money via quantitative easing to relieve themselves of the massive debt and to keep the liquidity going, knowing inflation will rise, which has happened, of course. then again, usa is a big economy that can hold better and longer.
until msia incr productio&productivity, export more, attract more fdi (and not capital flight as we know), rise in int rates - no chance rm will rise. fyi, it is now fast approaching sgd 1 = rm2.5. pushing property prices with easy lending for local buyers does not help the strength of the currency.
you mean build-then-sell? according to this artilce, the government is expected to make the BTS system mandatory by 2015.
bts will have massive implications. politically, no chance since many small crony type develoeprs will get sudden death, no more gravy train.
http://www.theedgeproperty.com/news-a-view...ays-banker.html

We are "helpless" people...most of us are led by the nose all the time...they are created an environment which the big winners are developers and government..

haha... yep... what this means is print more notes. We still get paid the same amount of foreign currency, just that we have more RM for our squables. Including the price of teh tarik, or prop price, since we won't be able to afford props by then. So if the price doesn't drop, then our wage (the number of zeroes) has to go up.

This post has been edited by TheDoer: Apr 19 2011, 04:31 PM

i tot someone here said alot foreign buyers buying up our properties cos is dirt cheap
look like not enough to push increase in RM

btw i really dunno what will happen to property if Gov do intro GST

Oh god... I wouldn't dare think.

the foreign buying is very small compared to total.

gst... if they do it today, there'll probably be riots...

This post has been edited by AVFAN: Apr 19 2011, 04:33 PM

But that is already different from what some of the other bulls seem to be saying. One mentioned that it is always a good time to buy property in KL. Doesn't that imply confidence that prices will always go up? I'm asking these questions here to gauge the general sentiment. My conclusion is that the bears now strongly outweigh the bulls, which was not true even one year ago, and even bulls like yourself see a turning point on the horizon.

Anyway, thanks for the information.

the poser did mentioned he's conservative and have portfolios comprising properties, stocks, funds, etc.
perhaps he can share out his experience on which is his best return so far?

i always remember the old saying "when everyone including auntie/uncle rushing in, i will be the person at the nearest exit or out of here"

i already sold off those not so good properties around end of 2009. Those that i have now will have no material impact on me even if it does fall 30%. If it does a non-stop rise in price, well i really pity those that not yet buy a home but that ain't gonna happen as far as i see it(price rising).

Why would you call me a poser? I've never claimed to be a rich investor, merely that I've spread what I have around.

Anyway, the single best investment I've made is probably in REITs. I guess that counts as property but I think of it as more like stocks. Including capital gains and reinvested dividends, my return per year exceeds 20%. I guess I got in at a good time.

pai seh, my england no good ah.
what i meant was poser as in the one who post the statement.
pai seh pai seh.
needs to go back to do my primary school english...

Yr English really jialat, let me teach you, it's called Postman

don scare me pls.. Im goin to make some investment.. any good spot to introduce?

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Added on April 19, 2011, 7:30 pm

don scare me pls.. Im goin to make some investment.. any good spot to introduce?


This post has been edited by rickkow: Apr 19 2011, 07:30 PM