In the past 3-4 years, we have seen property prices rising rapidly across the country, primarily driven by artificial demand i.e. speculative activities. The market prices have gone to a ridiculous level to a point that it frustrates both real house buyers and property investors. Most of recent new launches in Klang Valley are priced from RM600psf and above. Developers are only interested in maximizing their profits by offering similar products i.e. mixed development.

However, in the next five years, 1,000,000 quality, affordable homes will be build - both by public and private sectors. This includes 500,000 PR1MA houses, where their prices will be at least 20 per cent cheaper than the market prices.

Now, this is a good news for everyone, unless, you are property speculators.

1. Will this be the end of speculative activities we are hoping for?
2. If you are a property speculators, what would be your game plan now? Sell, maintain or buy more?

Kindly discuss. 

NOPE!!!

20% is nothing. Some developer already offer  15% up front and DIBS.

affordable homes should be at 40% off.

To control the price, the government needs to control the foreign investor as their purchasing power is super high. Impose property tax up front at 30% and they can only buy leasehold property as they are foreigner else you will surprise a big piece of land belongs to a foreign country.

Imagine millions of PR1MA or Pakatan Affordable Homes surrounding KL

Location: .... give a guess... it has a river and highways. Near KL City.

Build it 1st. Tok later. Dun giv false hope b4 GE.

Yes... Kampung Baru Developments if go well will become the most dense place in Malaysia due to small parcels and high plot ratio* *depends on commerciability.

Cheap things wont be good, good things wont be cheap end story.

Cheap houses still a lot in KV dont have to wait for PR1MA

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ya... but these cheap house rented to UN people

PR1MA not really cheap, it is affordable.

Jus wonder...
Is there maintenance charges in these PRIMA project?
If Yes, what will the chances of the owner of all these units pay promptly? These are usually the struggling group isn't it?
If No, who is going to maintain or upkeep the condition of the place? What will be the condition like in 5-10yrs?

In the past 3-4 years, we have seen property prices rising rapidly across the country, primarily driven by artificial demand i.e. speculative activities. The market prices have gone to a ridiculous level to a point that it frustrates both real house buyers and property investors. Most of recent new launches in Klang Valley are priced from RM600psf and above. Developers are only interested in maximizing their profits by offering similar products i.e. mixed development.

However, in the next five years, 1,000,000 quality, affordable homes will be build - both by public and private sectors. This includes 500,000 PR1MA houses, where their prices will be at least 20 per cent cheaper than the market prices.

Now, this is a good news for everyone, unless, you are property speculators.

1. Will this be the end of speculative activities we are hoping for?
2. If you are a property speculators, what would be your game plan now? Sell, maintain or buy more?

Kindly discuss. 

Idiot! If like that stop using "Keep calm and vote for BN" 

Dear all,

This is NOT a political discussion and please don't turn it into one. If BN win, 1,000,000 houses will be built in the next five years. If PR win, 1,000,000 houses will be built in the next five years too.

Either way, property speculators, you all going to lose.There is no way to sustain the current ridiculous market prices. After causing sufferings to others, perhaps, it is your turn now to suffer?

I am interested to know your game plan now.

i think better we don't speculate.

if sp setia build those unit. I think the quality should be around there.