Just wondering, how's the the average psf for SOHO (freehold) in the market now? Below RM500 psf or above?
V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...
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 Mar 21 2013, 10:41 AM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur  
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Mar 21 2013, 10:51 AM
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4,998 posts Joined: Dec 2010
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The ringgit is getting weaker. Malaysian properties will be cheaper than ever.
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Mar 21 2013, 10:59 AM
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7,446 posts Joined: Sep 2008
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QUOTE(New Klang @ Mar 21 2013, 10:51 AM) The ringgit is getting weaker. Malaysian properties will be cheaper than ever.    |
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Mar 21 2013, 11:10 AM
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Senior Member
6,779 posts Joined: Dec 2005 From: Kuala Lumpur
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QUOTE(New Klang @ Mar 21 2013, 11:51 AM) The ringgit is getting weaker. Malaysian properties will be cheaper than ever. Malaysia property can be cheaper because ringgit is getting weaker? |
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Mar 21 2013, 11:20 AM
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2,856 posts Joined: Jan 2010
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QUOTE(ngaisteve1 @ Mar 21 2013, 11:10 AM) Malaysia property can be cheaper because ringgit is getting weaker? He's absolutely right, cheaper for the foreigner when RM weaker  |
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Mar 21 2013, 11:22 AM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur
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QUOTE(zuiko407 @ Mar 21 2013, 12:20 PM) He's absolutely right, cheaper for the foreigner when RM weaker So this can become attaction to foreign investor to come to Malaysia to invest more properties.  |
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Mar 21 2013, 11:23 AM
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4,998 posts Joined: Dec 2010
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QUOTE(zuiko407 @ Mar 21 2013, 11:20 AM) He's absolutely right, cheaper for the foreigner when RM weaker Yes, think of the bigger picture. |
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Mar 21 2013, 11:36 AM
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2,856 posts Joined: Jan 2010
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QUOTE(ngaisteve1 @ Mar 21 2013, 11:22 AM) So this can become attaction to foreign investor to come to Malaysia to invest more properties. I'm not dare to agree with you, some group of people might say what special in msia? Why foreigner invest in msia? Why not Sulu? |
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Mar 21 2013, 11:39 AM
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1,091 posts Joined: Sep 2012
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QUOTE(axisresidence17 @ Mar 21 2013, 10:30 AM) this is true to a certain extent..but if im a banker this is my opportunity to widen my market share if I have lots of reserve to spare..so u cud see that some banks are cautios some are quite agressive..so as a consumer its up to you to knock as many doors as you can till they let you in..i think as long as rental can cover your monthly payment you are good to go although some bank said the property is overpriced..else you wouldnt even take the time to look at that property in the first place arent you? As a banker you can propose any loan you want but your credit control and risk management side can also reject the loan based on certain criteria. This criteria used to be very loose in 2008-2011 but has gotten tighter in last 2 years due to BNM and banks getting worried.Part of KPI (besides getting minimum number of loans per month) is to have low rejection by CC and Risk as well. Most of the time they will still loan you some money as long as your financial is sound but the sum may be much lower than the asking price. |
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Mar 21 2013, 12:17 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur
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QUOTE(zuiko407 @ Mar 21 2013, 12:36 PM) I'm not dare to agree with you, some group of people might say what special in msia? Why foreigner invest in msia? Why not Sulu? One of the reasons I can think of besides 'cheaper' property price is our country doesn't those big natural disaster problem.  |
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Mar 21 2013, 12:21 PM
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1,780 posts Joined: Nov 2010
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QUOTE(ngaisteve1 @ Mar 21 2013, 12:17 PM) One of the reasons I can think of besides 'cheaper' property price is our country doesn't those big natural disaster problem. yes, there are few places have been identified as new foreign heaven, BJ, Ara, SS16, Cycberjaya, Taman Desa, kuchai Lama.  |
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Mar 21 2013, 12:27 PM
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6,779 posts Joined: Dec 2005 From: Kuala Lumpur
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QUOTE(Nikmon @ Mar 21 2013, 01:21 PM) yes, there are few places have been identified as new foreign heaven, BJ, Ara, SS16, Cycberjaya, Taman Desa, kuchai Lama. Kuchai Lama? That's good...mine near by there. |
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Mar 21 2013, 12:31 PM
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1,780 posts Joined: Nov 2010
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QUOTE(ngaisteve1 @ Mar 21 2013, 12:27 PM) Kuchai Lama? That's good...mine near by there. no worry, OKR also got potential. zeti said 80% dept of GDP is healthy, she will do nothing. !!!!! This post has been edited by Nikmon: Mar 21 2013, 12:41 PM |
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Mar 21 2013, 12:37 PM
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Mar 21 2013, 01:12 PM
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1,331 posts Joined: Sep 2007
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QUOTE(New Klang @ Mar 21 2013, 10:51 AM) The ringgit is getting weaker. Malaysian properties will be cheaper than ever. And lemme guess, you get paid with sing dollars? |
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Mar 21 2013, 01:13 PM
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1,331 posts Joined: Sep 2007
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QUOTE(zuiko407 @ Mar 21 2013, 11:36 AM) I'm not dare to agree with you, some group of people might say what special in msia? Why foreigner invest in msia? Why not Sulu? Yeah, Mr Zuiko, what's so special about Malaysia, yeah? |
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Mar 21 2013, 01:14 PM
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1,331 posts Joined: Sep 2007
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QUOTE(ngaisteve1 @ Mar 21 2013, 12:17 PM) One of the reasons I can think of besides 'cheaper' property price is our country doesn't those big natural disaster problem. I wish that is the only criteria that foreigners choose to invest props.... |
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Mar 21 2013, 01:16 PM
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1,331 posts Joined: Sep 2007
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QUOTE(prody @ Mar 21 2013, 12:37 PM) Well, at least our Zeti is smarter that than that Greenspan.... |
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Mar 21 2013, 01:16 PM
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2,856 posts Joined: Jan 2010
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QUOTE(prody @ Mar 21 2013, 12:37 PM) This's good news |
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Mar 21 2013, 01:20 PM
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2,294 posts Joined: Sep 2011
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"... is “closely monitoring” the levels of debt undertaken by low-income households..."
------------------ so... high/middle income's debt are not monitoring..? |
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