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Investment 4 Critical Signs of a Bubble Market, Property Investment

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MrHunter
post Nov 23 2013, 11:26 PM

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QUOTE(Martinis @ Nov 23 2013, 06:07 PM)


Malaysia has another 20 years property bull run. This is just the beginning lah.
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You cant be serious. Lol. 20yrs more...wow.
MrHunter
post Nov 23 2013, 11:55 PM

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No right or wrong. Property mkt ll slow down next 12 to 18 months. Transaction values ll go down. Prices ll not fly anymore...eg fennel lll next yr may need to price near like fennel ll to b able to sell 50pc of its stocks. Latest bnm rules ll make investment cost much x2 higher. U ll see price start to stagnant in 2014 n drag its feet till ard 2017 to technically call it property mkt slump. Mkt value may drop but i believe it could b jus 10 to 30pc the most in specific area n overpriced project based on the observation on previous slump n the improved preventive measures from bnm. We r unlike US subprime...loan criteria still reasonably strict unlike US janitor can own bungalow there during subprime. For me..cautious yrs ahead. 2017 is the yr..but next few yrs ll b pretty flat i.e. new launch price ll b similar next two yrs if it is at similar grade n location Dont expect to buy now n make 50pc gross profit in 3yrs time....those days r over. 30pc..u shpuld celebrate. My2cent

This post has been edited by MrHunter: Nov 23 2013, 11:56 PM

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