KL average household size is about 3.72 (2010), which I extrapolate to about 3.5 in 2014 based on the decreasing trend over 30 years.  Re-calculating using the article's data, KL needs about 800k houses cumulatively from current period to 2020 (6 years), so it needs a supply of 133k new houses per year.  The article quotes 100k supply per year.  Taking away some exaggerations, the demand and supply in terms of units approximately balance now.  The issue is affordability.  So demand for low to mid end housing should be healthy but high end ones are likely to suffer from oversupply, as what we have been seeing in recent years.

i think there are still some property millionaires that do post here.

personally i don't prefer flip. many here do though. sure you can flip 30 properties and win but if from 31-36 is u have a complete loss than it is game over for you.

in the stock market nobody wins forever, so is properties.

i have been in this forum a while and people still sell despite sharp capital gain hoping to hunt the next property with a sharp capital gain. why don't just keep it for rent?

Another thing to remember is when ppl mention KL composite (or any stock market index) is X% in 97 and up 200% in 2013 etc.

Unlike property, the make up of the stock index changes over time - as in the shares included in the calculation changes over time.  The companies whose share price fallen really badly means their market cap reduces to a point where they are no longer included in the index calculation.

Eventho on paper it sounds good that shares index has increased by XX% over this period, it isn't always the case - esp if you picked a loser.

He can say everyting under the sun.. or till the moon come down.. in actual fact.. many properties are sold and still vacant..  those numbet will never be able to absord the properties AFFORTIBILITY is the ISSUE MY FRIEND... so long we argue di.. still wany BBB .. why even waste time here when the market is so good... all those unrebutted arguements

still posting unconstructive arguements.. come on..

Mr Bear, if someone cant afford to own a house doesn't mean others cant afford as well...a young couple in KV with average total income of 6-7k can easily afford to buy a 500k condo in many areas of KV or Selangor.

Always have economist mentioned bubble market
But until now , nothing happen but the price is going up day by day

Yes I kinda agree, if the market turns or bnm new guidelines are enforced, it will make banks offload npl- which means call in their loans by forcing the buyers to sell.  yes this will happen here and there but not in big numbers.  Overall I don't think it will cause a price collapse or crash.  it will cause price to stagnate or down 2 / 3% - hardly noticeable, and taking into acc inflation (3%?), so in real terms probably down 5%.  so that's a likely scenario.

What I meant in my previous post, was IF ppl are hoping for price cash in the order of 20 - 30%, the banks will have to force sell these units in big numbers ie en masse.  And you know one banks does it - others will follow as no one wants to be the last person to get out of a burning house. I don't think the bank will do this and the govt will do what they can to stop this.

Anyone has any statistic of the level of npl in Msia banks?  or statistic on mortgage arrears (no of months in late payments) ...  this will give a better guide.  If we can see the number late repayments increasing rapidly then it may worrying - especially in the current low interest rate environment which will not last forever.

This is good for the property market as it ensures only buyers with good financial background are allowed to loan for property purchase.

In Namibia, Home Buyers Are Entering Bidding Wars for Scarce Housing.
Africa's Namibia is now ranked fourth globally in terms of housing-price increases

http://online.wsj.com/news/articles/SB1000...234591680049328

Dear Mr Bear, i would like to apologize for my rude behavior. Trust me, there are plenty of sub sale units in the Kepong/ Jalan Ipoh/ Puchong/ Cheras with price below 250k.  It is very unlikely to get a new landed unit below 400k in KV nowadays.

Townhouse u mean? Is townhouse considered as a landed property?

I m not choosy..200k yes I know bout it if it is old.. anyway.. I need to fast in this topic.. guys look after bt times for shall you... he is highly speculative.. will corrupt youngster for sure..

Sadly, there is still no technology that will mass produce completed buildings in factory and deliver it to the site as finished goods. We still need labour to put the building up at site. 

I know the price of property is sky high now until it is just unreasonable. But we all know the cause is demand and supply mechanism --> easy bank credits, property developer which introduce DIBS etc, and everybody thought property price will not come down, if you don't buy it now, you never will afford. That has distort the market until it reaches this skewed speculative state

The price inflation is a phenomenon in free market. In normal property market, price will increase slowly in tandem with inflation. With the government intervention, speculative demand will be curbed and naturally, the price will adjust itself back to the normal level in time

I choose not to go to temple and ask Ang Gong... can someone here please enlighten me about the price of property in KV after adjustment? In long term, i believed that the price of the properties will head to north instead of south...but how to identify a good entry point for property investment?

Hope so. But I don't know whether it will go stagnant then down, or stagnant then up. Still anybody's guess