The Residence, nearby Plaza TTDI.

Confirmed - just don't ask how I know. 

Well, Bangsar Puteri is close to 30 years of age and still can touch 800psf.

It depends on the maintenance of the place, really.

Although for the amount transacted, I'd much rather buy a landed prop tbh.

After deducting dibs and discount, NSP (Net Selling Price) could be 20% lower than SPA price.

How many people view;
SPA is inflated price and NSP is real price
or SPA is real price and NSP is price drop?

Valuation should be taken at SPA or NSP? 

sometimes there isn't much to discuss anymore...both UUU and DDD parties have already presented their points...now is the time to wait only...

so far... UUU camp is winning cuz the bubble burst mantra already going on for at least a few years...

results speaks louder than words or discussion...

Pricing psf is very important. anything more than rm900k imo will be hard to dispose if old prop condo unless bigbig sf contra then $/sf is lower. Smaller units  are easier to sell or get loan plus location, location and cencept are playing important roles adding to prop value.

What do you think cause this mismatch between new launches and secondary markets? If buying from new launches is dangerous, when market corrects, do you think subsales will be spared? In other words, which is more likely: Subsales catching up with new launches prices in 2 to 3 years(of course, new launches prices are assumed to be even higher then) OR new launch prices coming down to subsale levels upon VP ( meaning subsales are quite OK even if there is a correction)?

New launches are now priced at RM700psf onwards e.g Sqwhere(subpar location). Assuming a crisis hit, what will developers do? They will most likely stop launching. Assuming prices for subsale go down 20% from RM600psf to RM480psf in locations like Kota Damansara, at what price will developers price their launching once everything stabilises but have not recovered? Will they price lower than 700psf in areas like Kota Damansara( remember that Tropicana Gardens are at about 1,000psf or more now. If no, how do you expect subsales to fall any further?

Yes, developers can put whatever price they want as long as they can sell. After a crash, if launching prices then are unlikely to go below 700psf due to various reasons amongst them land cost or inflation or whatever, then sooner or later subsale supply will dry up as there are no cheap launching.How then can one lose if one were to buy at subsale price now? What is the downside of buying subsale now? I don't care whether those who buy at high prices from developers will suffer later but for those holding on to their poperties purchased through subsale, whats the risk?

Of course, if you really know whether now is the peak then you will be rich then....

I recall in 2008 when the US crisis hit. I remember everyone said get ready, house prices gonna crash, we are gonna have a global recession soon, don't buy.

No one anticipated helicopter Ben.

Well, lets just say those who did not bought at 2008, 09 and 10 are laughing at us now.....

Point is, you never know and you can never be certain...

Whoops... I meant those who BOUGHT....

Haha. I remember following CNN business segment and all business newspapers at the time.

It was so exciting. All the economic professors are so kan cheong like the end times are nigh..

I mean, I actually look forward to watch CNN business today to see the Dow Jones fall and the US property burst.

Tell me, how do you know who is the expert and who is making noise then when the experts themselves are screeching like lost chickens? 

Of course, nobody wants to buy just before a slump. The problem is nobody knows if the slump is coming soon. Areas with glut of condos is also subjective. I am interested in Kota Damansara/TTDI/Damansara Utama/PJ area. Do you think there is a glut of condos there?

I was in Ipoh looking for a house in Jun this year. General impression I got from the real estate agents was it was still seller's market. No discount entertained when I asked.

Saw an article in today's The Star describing the cooling down now in Ipoh. One agent stated that sales were only 50% compared to 2012. That is quite a big change from what I have heard only 5 months ago. Maybe things were already on the downward trend but the real estate agents preferred to keep the up beat tempo, hoping to keep the industry statistic moving up. Ha.

Also mentioned that many sellers are pushing the agents to sell their houses due to the RGPT starting 1-1-14. Looks like quite a number of buyers there are from the flipper camp. Guess it is too late now as the sales paper work will take months.

Cheerio.

Though I agree with the motivation behind these kind of behaviour, I don't agree with your general statement above regarding what they will say in sellers and buyers market...at least, not the ones who I know. Many of them are pretty professional and they realise that their credibility is important especially knowing its not a one time relationship thing when they are dealing with investors. Though I agree that one has to do his/her homework and there are numerous sources around to provide information. 

After CNY petrol increase by another 20 cents.....

Time to increase the rent 😎😎😎, I am increasing my rental for my new tenant for next year

Property developer increasing price😳😳?