Jun 8 2013, 09:44 AM
QUOTE(EddyLB @ Jun 8 2013, 08:59 AM)
If you only look at malaysian property, in long run, you can safely say "previous gain is reflective of the future gain". I started in property since 1980s. It has major ups and minor downs, but the price has gone up in a linear trend. Never experience drastic drop like Japan and USA. That is the malaysian property scene for the last 30 years. Even if it drops 30% of its price now, the price is still higher than pre-2007 price. Eg, a DSL increased 100% from RM500k --> RM1m. 30% drop now --> RM700k. Still make RM200k
For the link I posted above, I have a few of the listed properties there. They are the market price now (+-5% I would say) and not single transacted price.
But of course, if you are sure the property market will crash in the near future, then you wait. As said before, the timing.....when ? That is the question that will determine you make money or not
Good answer and thanks for your 33 years experience sharing. Like what china facing now, all people are saying that the property market will crash.. almost 15 years, property price are still jump like rocket. It's impossible the property market drop more than 50% and when this property price start to crash? no one know/ predict? or it wont come? For the link I posted above, I have a few of the listed properties there. They are the market price now (+-5% I would say) and not single transacted price.
But of course, if you are sure the property market will crash in the near future, then you wait. As said before, the timing.....when ? That is the question that will determine you make money or not
1. Inflation are good reason for property price jump.
2. Demand especially the city like Selangor, KL, JB and Penang.
1. Most of the children nowaday dun like to stay with family.
2. If Malaysia political are stable then investor will come and foreigner will increase (but it's very disappointed to say that crime are increase day to day... haiz)
3. Malaysia location are strategic compare to other country and it's suitable to stay (no Scourge).
4. Malaysia property price are still affordable compare to other country. Affordable mean that malaysian still manage to pay for housing loan. for those people which got RM 3k and aim for semi-D then are different story.
5. If crash, then share market will start to crash first compare to Property. When Property are crash and i believe whole malaysia economic will have problem. In that time, if you have money u also need to think whether it's suitable time to buy property or not? Maybe that time u more worry the company to fire u ...
That is just my personal comment. for those who want to buy for own stay!!!! What are u still waiting for? Please enjoy it!!! For those who want to wait then you can wait.. nothing wrong ... decision are on u and nobody can decide for u ...
This post has been edited by kelvin2080: Jun 8 2013, 09:50 AM
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