Yeah...and our property are even cheaper for singaporean after that but still up or down. We dunno.

I vote up too, but some friends here insisted there will be a big big bubble going to burst very soon.......

Anybody have any figures on the development year 2012 vs year 2013? Seems like new development and new launches are really slow most likely due to the tightening by BNM.

What's I'm afraid if they close the pipe too tight, later on the props in 2015 where i think it would be stable by then might turn out the be other way round due to the high demand and low supply scenario.

Why auction and new launch still hot but sub sale so slow How average home buyer think, isn't a sub sale now is more worth where price alway cheaper and ready for move in. Why why why....

This post has been edited by Nikmon: Mar 17 2013, 11:15 AM

Sorry but isnt it newly launched is usually cheaper? Once u get the OC the subsale price usually increase...

So far what I can see is subsale price is higher... thats why new launches hot hot hot!

May I ask your friend when was the last time we have property bubble in malaysia and ask if the price stayed down even if there is bubble?

what's happening in Cyprus is scary to whole E.U. Not a good sign to the world economy and could be contagious.

One of them said the price might drop by half.....some more he is a lawyer.

Boss, you post this hoping someone would answer but I'm sure you know already right?

New launches - low initial cost (low downpayment, DIBS, other discount, pay only interest before completion, etc)
Subsale - high initial cost (10% downpayment for most cases, immediate full monthly installment, renovation costs, etc)

Obviously most people falls under the category who prefer low initial cost, no? Go in low, go out high ma...

You are right. There are plenty of new launches with minimal down payment, some even 0%

If drop half, many contractors and developer will makan rumput or else properties being sapu or shot by investors

Maybe it has been discussed. How will GST be affecting property sale?

Let's say if got a property wanna sell out, what are the things need to be consider? For the buyer and seller, or else I also not clear what are the benefits/ disavantages for the articles @@

Yea... I think you better ask your lawyer friend when in malaysia history got property bubble....

Well, given the benefit of doubt... if there is really bubble happening in the past, did the price recover after that?

Key word is location... for good location I doubt it will drop to half of that value...

Cyprus is not malaysia... who knows ppl in msia damn rich with lots of savings... even if the price drop in half... ppl will just keep...

Never say never... but I doubt property in msia will be hit hard... even in 1997... the property price has already recovered and is on positive earning region...

Haha, I purposely put homebuyer not investor, unless all the new launch was acquired by investor, but I believe there are some buy for own stay in new launch. maybe some heme buyer may reply why they willing to wait 3-4 years and pay premium.

Our household debt is at it's highest and one of the highest in the world (if compare to disposable income).

When BNM increase interest rates, then we can see many lelongs..

If so, BNM won't simply increase the BLR or else will see many lelings cases and chaotic situation perhaps.

Just because it never happened before doesn't mean that it wouldn't happen.

Just ask the Americans during '07.

They probably asked the same question just before the prices collapsed.

I agree that location is key. But during a downturn all props drop, just a matter of much only.

But if there is a bubble (which I think there is...) and it pops...the question would be how severe and how bad.

BNM won't increase because the Feds won't increase and more importantly, the Chinese won't increase the value of their yuan....

While sticking the fact that unlike but not impossible principle, right now the world is racing to the bottom in terms of money printing and interest setting...

If BNM increases the interest rate above inflation rate, I wouldn't even bother investing and put everything into FD...no need headache....

When in Malaysian history:

a) Did property increase 40-50% in just a few years (2009-2012)?
b) Did you see so many speculators rushing to queue to buy property?
c) Did you see so many "For Sale" signs right after a certain property VP?
d) Did you see so many "Bank Lelong" signs on traffic lights, lamp posts, forums, everywhere?
e) Did you hear of so many ordinary working joe taking loans to own 4, 5, 6 or even 7+ properties? Not business tycoon mind you, ta kung zhai?

Even in 1997 most people will tell you they didn't see so many "Bank Lelong" signs, despite many people having their house possessed by the Bank.

Draw your own conclusions lo.