Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment TRACKING KLANG VALLEY NEW PROPERTY PRICE PSF, Reporting the latest PSF around

views
     
blood and glory
post Jul 15 2013, 02:42 PM

Getting Started
**
Junior Member
51 posts

Joined: Mar 2013
QUOTE(rawrkun @ Jun 24 2013, 10:49 PM)
As long as the buying continues, those bloody developers/agents/speculators will continue to push the price... 
and people will continue chasing them, thinking that it will appreciate and it will be beyond their reach if they don't buy now....
the sharp spike in property pricing has more than justified the increased cost of construction materials and is only purely driven by greed and the herd mentality.

Half a million for a shoe-box apartment is a bloody JOKE!!!!!!
*
I agree with you. Although i have afforded to buy some high end but i have told myself is time to stop.Developers being greedy and agents just keep pushing sales.I have some friends which are property agents but they actually have felt the prices have been ridiculously high so is about the buyers' own thinking to take the risks.If they can,they have the right.

blood and glory
post Jul 15 2013, 02:53 PM

Getting Started
**
Junior Member
51 posts

Joined: Mar 2013
QUOTE(savants @ Jul 2 2013, 05:42 PM)
We will be like HK one day... its just matter of time. Mostly new launch in PJ n KL area hits 500-700psf ... many sold out like hot cakes... for those who r still waiting 300-400psf... keep waiting... maybe Seremban or Ipoh is your next target
*
HK and SG undoubtedly pricing keep jumping up because they have many foreigners and expats who keep coming in but at this moment we are not like them,instead we are going wrong direction.The foreigners who coming are those from Pakistan,Bangladesh and Africa.Is true they are expats however they come because some Malaysian companies need people with specific skill (normally engineering field) with lower pay then they do if they hire locals or western expats.As the result,all these so called 'expats' are not like those in SG or HK whose can afford to stay in exclusive properties.

You guys can try to register with Malaysia expat forum and you can easily see alot of engineer from Pakistan,India and Bangladesh got hired by Malaysian companies but their budget for housing rental are not exceeding RM3K normally as this RM 3K amount is totally high for them.

So as the conclusion investors or precisely speculators who hope can rent out their property high in future will really have to be careful and thoughtful.




 

Change to:
| Lo-Fi Version
0.0173sec    0.49    6 queries    GZIP Disabled
Time is now: 3rd December 2025 - 10:23 AM