If so, they should have reported to kpkt.

This webpage doesn’t indicate when was it updated. I checked through the stats on this kpkt. A lot of stats outdated. Most recent also up to year 2015 😰

Kpkt data may be late by a few months because of MCO but unlikely by a few years. Otherwise, gomen/kpkt housing policy like hoc is outdated.

This post has been edited by icemanfx: Jun 3 2020, 09:53 AM

The data is not updated. As we know sometimes it takes even up to few years for land and survey to capture sales also no? So I believe it’s lagged

Photo from google. Dated May 2020

This post has been edited by stephdreamcloud: Jun 3 2020, 06:52 PM

kpkt data is not real time, is no doubt lag by a few months but not more. unless developer didn't or has nothing to submit, data can't be outdated for too long else kpkt can't formulate policy.

This post has been edited by icemanfx: Jun 3 2020, 07:08 PM

Ok I see where ure coming from 👌 Just from experience ya, some it won’t be so fast one to be reflected esp in land and survey that’s why I believe the lag in the data of this, I’m not doubting the credibility or efficiency. Also, again speaking from experience, oc now waiting list open. If sales not good, why need open waiting list le.

smart developers are good at playing buyers fomo mentality.

This post has been edited by cliffekent: Jun 4 2020, 02:27 AM

Smart investor will be able to differentiate that and identify growth triggers and make wise investment decision with enough studies, regardless what the developer is trying to push.

Which investor doesn't think ze is smart? in facts, most investors believe ze is smarter than others.

This post has been edited by icemanfx: Jun 4 2020, 05:23 PM

actually it doesn't matter ... what matters is data speaks for itself... and investment should be like that too, not based on emotion, but data, research.

source:
https://www.thestar.com.my/business/busines...r-manufacturing
https://tradingeconomics.com/malaysia/manuf...month%20earlier.

LOL the data definitely speaks but my question is do you even understand what you're seeing?

PMI below 50 means perceived contraction, period. Think of it in terms of acceleration and velocity. Below 0 acceleration is deceleration, 0 means constant velocity and more than 0 is acceleration. Just because deceleration is closer to 0, it doesn't mean your velocity is any greater.

Similarly just because PMI is nearer to 50 (constant velocity) doesn't mean economy is getting better. If Malaysia manufacturing output is 30% in March, a PMI of 48 just means it slowed down a bit slower, in this case maybe to 29% of total output.

Tl;dr Anything below 50 PMI is bad news in this kind of economy, period.

Type 1,2 and 7 sold out

Bravo, sold out during mco!

any agent can pm me the latest package? interested!

If you understand or know how to interpret the data, you won't make such comments.

of course, common sense is that it definitely won't be so fast to come back up, but isn't it a good sign? haha

How is it a good sign if your output is worse than the month before (which is already at historical low) ?

And we're not using common sense here, just the data you asked us to look at.

Can read more about property cycle: https://www.starproperty.my/news/investment...ty-cycle/114518
Also important to consider the property market cycle..
Of course we are not yet at the recovery / stabilisation part yet but as seen very recently government initiatives to stimulate economy (whether want to be taken positively or not, no convincing here, just sharing what I know because I’m not here to convince anyone, just providing another POV ) it seems like we r getting there. Bottom won’t be forever. N those who knows how to make good use of opportunity will make use of this time and the initiatives to their benefits.