HK property tycoon with 50 years property experience said kl property price tooo low untill no logic.... he said invest KL only... and don't invest johor iskandar...

HK property tycoon with 50 years property experience said kl property price tooo low untill no logic.... he said invest KL only... and don't invest johor iskandar...

har.. still damm cheap for foreign investors izzit? for Malaysian too expensive di? even foreign investors still cheap.. they are still ' investors'.. they will target back Malaysian to buy their invested properties am i right...  Malaysian cant absorb the original price from developers how they can absorb the market from the foreign investors?

this is just out of logic..  dat means klang valley prop like the 2 megatownship project sure gone lor.. since the 50 years old expert say kl areas only..

It's a news about Pricewaterhousecooper studies on properties investment,  who r u refer as "They" kindly elaborate ???

Here's the news write up.

Malaysia berdepan
kemelut sektor hartanah

KUALA LUMPUR 19 Jan. - Akibat
permainan spekulator, Kuala Lumpur
dan bandar sekitarnya hanya berada di
tempat ke-14 dalam senarai lokasi
pelaburan terbaik sektor hartanah bagi
rantau Asia Pasifik untuk tahun ini,
ekoran lebihan penawaran hartanah.

Hasil kajian firma penyelidikan
PricewaterhouseCoopers (PwC)
mendapati keadaan itu telah
menyebabkan prospek pelaburan
hartanah di Lembah Klang kurang
menarik, sekali gus kedudukannya
merosot berbanding tempat kelima pada
tahun lalu.

Antara maklumat daripada kajian oleh
firma itu mendedahkan hanya 18
peratus ruang pejabat di Lembah Klang
dipenuhi ketika ini berbanding 20
peratus pada 2012.

Malah, premis pusat beli-belah juga telah
terlebih bina selain reka bentuknya
yang agak ketinggalan zaman.

Dalam senarai tersebut bandar-bandar
utama yang berada di atas Kuala
Lumpur mengikut turutan ialah Tokyo,
Shanghai, Jakarta, Manila, Sydney,
Guangzhou, Singapura, Beijing, Osaka,
Shenzhen, Bangkok, pinggir bandar di
China dan Melbourne.

Kajian itu turut memetik seorang
penganalisis hartanah serantau yang
menyatakan, lebihan penawaran itu
berlaku akibat jangkaan spekulator
bahawa Kuala Lumpur merupakan lokasi
pelaburan hartanah terbaik beberapa
tahun lalu.

Jangkaan itu sedikit sebanyak telah
mendorong satu persatu pemaju
menjalankan pelbagai projek hartanah
sama ada kediaman, pejabat serta pusat
beli-belah dengan harapan adanya
permintaan yang tinggi.

"Sebelum ini, memang benar
permintaan hartanah cukup tinggi,
namun akibat permainan spekulator
bilangan unit-unit hartanah menjadi
lebihan.

"Malah, di kawasan bukan tumpuan pun
kediaman termasuk jenis mewah telah
terlebih bina. Akhirnya, pemaju-pemaju
menjual produk hartanah masing-
masing kepada pelabur asing bagi
meraih pulangan," kata penganalisis itu.
Laporan lain mendakwa walaupun
berlaku lebihan penawaran, beberapa
projek hartanah terus dijalankan sekali
gus mewujudkan risiko sama ada unit-
unit yang dibina itu mampu disewakan.
Tujuan sebenar kajian oleh PwC itu
adalah untuk memberi idea pelaburan
kepada pelabur-pelabur hartanah
antarabangsa mengenai pulangan yang
mampu diraih oleh mereka, dan
bukannya mengenai krisis lebihan unit
hartanah di Kuala Lumpur.

Namun, kajian itu dapat mendedahkan
kesan buruk permainan spekulator
kepada sektor hartanah tempatan selama
ini.

Kini, boleh dilihat betapa rasionalnya
perundangan yang diperkenalkan oleh
kerajaan seperti harga minimum RM1
juta untuk pembelian hartanah oleh
warga asing serta Cukai Keuntungan
Harta Tanah (RPGT) bagi membendung
aktiviti spekulator.

Mengikut laporan sebelum ini, beberapa
kawasan tumpuan di Medini, Iskandar
Malaysia dikatakan mendapat pengecualian RPGT dan harga minimum
pembeli asing, memandangkan
pembangunan di kawasan itu masih di
peringkat awal.

Namun, kajian oleh PwC ini penting
sebagai rujukan kepada Iskandar
Malaysia, supaya pada akhirnya tidak
hanya dipenuhi dengan 'gajah putih'.

His property business is around the world. He going to launch new project in kl city very soon. this is his second project in kl d...

Since KL property price is so cheap, he should be buying not selling.

If everything base on "Crystal ball", in chinese we say "you say everything liao".. because it is baseless 

Those project you mention are completed or sold before the cooling measure starts.. thus behavior could be different with new cooling measure take place.. sales of certain area starts to cool down..

If the cooling measure manage to control the speculation activity, primary market can be cool down abit and avoiding catastrophic collapse.. possible of primary market stagnation, minor correction on pricing, until demand filling up the supply and the market starts to kick off again.. (if the cooling measures works).. In other words, maybe property price will not go down as much as 50% which some ppl are hoping for, and they continue to wait..

As long as ppl manage to repay, they wont get default.. bank will try to assist as much as possible to avoid defaulters.. Auctioning the houses below market value and recover the debt.. engaging AKPK to renegotiate loan agreement.. this kind of auctioning and defaulting happen all the time but just a matter of systemic or non-systemic. If things doesnt happen in systemic behavior, we might just experience property market segment slow down and minor correction which is not a bad thing and able to avoid the bubble bursting..

When primary market slowdown, good news for secondary market especially those who bought 2 to 3 years ago with 300psft to 400psft pricing.. because to the market now, 400psft to 500psft consider market price of below market price.. 

https://www.facebook.com/groups/115179435202482/

BREAKING NEWS ::: Tan Sri Liew Kee Sin has resigned as President and Chief Executive Officer (CEO) of S P Setia Bhd today. Datuk Teow Leong Seng also resigned as chief financial officer (CFO), while Tan Sri Lee Lam Thye stepped down as non-independent & non-executive director of the company.

https://www.facebook.com/groups/115179435202482/

BREAKING NEWS ::: Tan Sri Liew Kee Sin has resigned as President and Chief Executive Officer (CEO) of S P Setia Bhd today. Datuk Teow Leong Seng also resigned as chief financial officer (CFO), while Tan Sri Lee Lam Thye stepped down as non-independent & non-executive director of the company.

To overcome short term price stagnant, believe many will focus their investment on properties to be delivered in a few years time. Hence, expect a drop in subsales demand but higher demand on new launch.

Buy near the lrt or mrt & u will not go wrong..

What had this news do with properties bubble ?
Please post it to SP Setia project thread or start a new thread.

HK property tycoon with 50 years property experience said kl property price tooo low untill no logic.... he said invest KL only... and don't invest johor iskandar...

A friends working inside sp setia said forecast sales drop for the first time in sp setia history after all the boom years.

properties bubble sight?

i think because he forget our salary n standard living are few times below hk

Properties located within 5 min walk to lrt/mrt and/or big & well run shopping mall will continue to attract tenants & alsi ease of sale...especially if the property is also linked to lrt/mrt with a covered walkway. Despite a perceived bubble, these properties will b able to stand the test of time. By 2017, thr will b a drastic change in the mode of transportation when the LRT extension & mrt line 1 is completed. With the  mrt line 1 is up, it will link sg buloh & kajang to KL CBD. Star reported on 8 jan 2014 that ktm n lrt recorded 40% increase in passengers fr 2012 to 2013 & this trend will continue with the reduction of petrol subsidy. If we think petrol price is expensive now, what do u think d petrol price will be in 2020?  So while some forecast oversupply in highrise service apts, this is a generalisation. Those apartments nearby transportation & malls will continue to have strong demand.