Unknown developer. Sales slow. Credit tightening, Lari kuat kuat

Malaysia is exception. Prices cannot come down for sure. Our economy is better than europe or usa or dubai.

Can understand why prices in klang valley is not coming down as demand and quality of life is there. But cannot understand why outskirt like nilai semenyih kajang sp setia rawang puchong think that prices are sustainable. U can see mont kiara hartamas damansara no way am selling this and flipers knows this. Who wants to flip rawang or nilai etc. Agree with daim the develpers are slaughtering this people at this location. for one the land price is not igh. So h but if economy is bad pity the buyers.

Of course prices will not come down as the economy employment interest rate is still good and supportive. The feel good and confidence are still there. This is basic. Question is will economy tank n going south in the next one year. Highly unlikely. Wat abiut next year. Well if usa and europe improve then we probably see more demand for houses with good location in klang valley. Outside klang valley n penang difficult even now also no demand in secondary mkt as prices probably tumble. As trump said many atimes location location location. Basic

Notice that banks are also supporting these demand for high prices for good location n klang valley. First thing they ask where s the location. Second ur income. Not so good location they give much excuses n ask many things. So how can prices come down in klang valley. Wait forever,

Why gov fix prices from 200 to 400 k. So does mean that basic minimum price now is 400k. Is this landed or apartments.

Up or down is the question. No one knows the answer. Fundamental say one thing the demand and confidence say another. Based on past there are still areas where price never came up even now after the economy stalled. But good location no problem. so if u can hold buy. Dubai japan usa the prices were just crazy and econmy busted. Prices there were just off with rental yield were zero or just less tha 1 pcnt. Wats the chances this happen in Msia or lang valley

Interesting to find out wats the secondary sales like for condos. Recent news says that completed sales reported slow compared w landed prop. But u cant help notice that adv for sale has been increasing for condos n apmnts n prices remains. But sales completed data is not there is there.!

Price cant drop if no one is selling low. But i know also that theres plenty of buyers want to buy at good locations. Problem is price is high but demand also high.

Wah the selangor priceindex chart looks scary. Looks like a 20 to 25 pcnt drop is likely. Hmm interestinfg. But these are the sa kajang puchong ds landed properties where developers were able to market n sell theirs at a premium.