May 24 2013, 08:25 AM
QUOTE(matt0618 @ May 23 2013, 11:30 PM)
Impressed by your comments and thanks for sharing...
Can see that there are plenty of new projects were launching in these years....especially 2013 (High end condo + landed house more than 50+???). Foresee that, in 2015-2016 there will be thousands and thousands of units being released to the market but I doubts how many of them are gonna be occupied. Having said, supply > demand is a must in next few years.
However, I bet many peoples have predicted this to be happen indeed since few years back yet the property price still grows up crazy. Besides the external demand, I believe it is because nowadays more and more youngster are educated and having stable career which support them afford to get loan and buy/invest in property. Say every year how many students graduated from Uni? mostly they are white collar with satisfying salary after work in 3years. Thought mostly i guess the salary might limited, it still affordable to survive even to support them to get loan in buying a property either for own stay or investment. Additionally, in case the individual's current pay is insufficient to get such amount of loan, his/her partner is able to join as applicants to make it happen. Some more don't forget mostly of these youngster stay and work at KL and therefore it explained why the demand is more than expected.
I agree with you that the property price will at least maintain or grow at reasonable rate. But for me, I wouldn't say the property bubbles is gonna happen so soon unless there is a economy crisis that make everybody lose their job or natural disaster happen.
Anyway, I am a newbie just start interested in property topic lately two weeks. Appreciate if you can share more your thoughts
I have just booked a unit at CloudTree @ Cheras last two days and I need more advise....
after work in 3 years my salary still rather depressing and i am white collar. guess i am the minority then.Can see that there are plenty of new projects were launching in these years....especially 2013 (High end condo + landed house more than 50+???). Foresee that, in 2015-2016 there will be thousands and thousands of units being released to the market but I doubts how many of them are gonna be occupied. Having said, supply > demand is a must in next few years.
However, I bet many peoples have predicted this to be happen indeed since few years back yet the property price still grows up crazy. Besides the external demand, I believe it is because nowadays more and more youngster are educated and having stable career which support them afford to get loan and buy/invest in property. Say every year how many students graduated from Uni? mostly they are white collar with satisfying salary after work in 3years. Thought mostly i guess the salary might limited, it still affordable to survive even to support them to get loan in buying a property either for own stay or investment. Additionally, in case the individual's current pay is insufficient to get such amount of loan, his/her partner is able to join as applicants to make it happen. Some more don't forget mostly of these youngster stay and work at KL and therefore it explained why the demand is more than expected.
I agree with you that the property price will at least maintain or grow at reasonable rate. But for me, I wouldn't say the property bubbles is gonna happen so soon unless there is a economy crisis that make everybody lose their job or natural disaster happen.
Anyway, I am a newbie just start interested in property topic lately two weeks. Appreciate if you can share more your thoughts
I have just booked a unit at CloudTree @ Cheras last two days and I need more advise....
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