I am quite surprised to see u actually voted that.

For those who think prop prices didn't falll, I saw my friend neighbour 2.5 storey house just dropped in auction price again.

540k(bank tho that they wrongly put the price) -> 900k -> 810k -> 729k -> 653k latest.

See whether there is any taker this time.

I am quite surprised to see u actually voted that.

For those who think prop prices didn't falll, I saw my friend neighbour 2.5 storey house just dropped in auction price again.

540k(bank tho that they wrongly put the price) -> 900k -> 810k -> 729k -> 653k latest.

See whether there is any taker this time.

for businesses of high end flipping.. business dun last forever.. I just house cleaned and sell off a datuks paparich in brickfields.. so though is not vonclusive...

I am quite surprised to see u actually voted that.

For those who think prop prices didn't falll, I saw my friend neighbour 2.5 storey house just dropped in auction price again.

540k(bank tho that they wrongly put the price) -> 900k -> 810k -> 729k -> 653k latest.

See whether there is any taker this time.

I am quite surprised to see u actually voted that.

For those who think prop prices didn't falll, I saw my friend neighbour 2.5 storey house just dropped in auction price again.

540k(bank tho that they wrongly put the price) -> 900k -> 810k -> 729k -> 653k latest.

See whether there is any taker this time.

the only thing that doesn't make sense is if property is really so good and the price keeps on increasing...then everyone can just buy property and sit at home and relax and wait to collect money?

if that's the case no need invest in stock or mutual funds etc....all whack in property...

from my observation, property definitely go up...but only in long term...i've seen real case for property bought in 1997 time and the price went down after that for next 10 years....but only recent 3-5 years the price pick up again and now back to positive earning if compared to original purchase price...

so long term...it is always UP UP UP !!! it is almost impossible for price to drop...like someone say prior to this..the RM1mil u see now is not the same as RM1mil 10 years ago...if that's the case, how is it possible that the house price will drop ??? if price remain also means you don't earn money already....

my 2 cents... so regardless if it's bubble now or not...long term, and i define as 10 years or more...sure UP ! 100% guaranteed....

Bro gspirit,

Need no far away, my own neighbour also selling at below average asking price few months back.. but u might be surprise people is more willing to come and see those higher price unit instead of this 1, as the occupant earlier had committed suicide in this house.

Bro bbw is an reality agent ? no wonder you are good on the prop field .
bro gspirit , the property that you mentioned above is at disaster accident area right Or proposed lrt sideskirt area ? this really make sense .

Wow, that is definitely bubble bursting !!!!!!

Where is the house man ? 2.5 storey landed in KV for RM653k ? I want !!!! Got link ?

Bro gspirit,

Need no far away, my own neighbour also selling at below average asking price few months back.. but u might be surprise people is more willing to come and see those higher price unit instead of this 1, as the occupant earlier had committed suicide in this house.

Actually it's not easy for people to get loan to service multiple units nowadays unless you can convince bank with your income,passive income,fd and cash reserve. There is a lot of rich people out there and I'm sure they now how to manage money above the average Joe and not put money in one basket. Even if you dare to have a multiple units it's not easy for loan approval unless u really have money. Now 3rd loan and above need to pay 30% down payment mean the multiple unit of property really have a strong cash in their pocket..But if you say that properties price will go down to 50% I'm sure average Joe also suffer.

According to my friend, people are more willing to go for new launch, rather than subsale in this area. Many subsales around this areas are not sold for the past 2-3 yrs.  my frnd didn't say people dying inside.

According to my friend, people are more willing to go for new launch, rather than subsale in this area. Many subsales around this areas are not sold for the past 2-3 yrs.  my frnd didn't say people dying inside.

The weakest link are those gen y flippers who bought multiple dibs units before stringent loan criteria is enforced or took advantages of loop holes. The market doesn't need many of these people to depress the price when their properties taken vp.

bearbearwong repoman, how to attend private auction?

Ya lar.. gen y.. sumore I dare say 70 % chinese flippers.. and most are agents.. and 50% percent sure utar grads if I m not mistaken.. they think their utar network is big...

these agents only flip in chinese mainly targeted area.. othet area they no go..

worse ting is expect the upper middle class and professional to buy from them.. siao ahhh

I am quite surprised to see u actually voted that.

For those who think prop prices didn't falll, I saw my friend neighbour 2.5 storey house just dropped in auction price again.

540k(bank tho that they wrongly put the price) -> 900k -> 810k -> 729k -> 653k latest.

See whether there is any taker this time.

DIBS simply skews the demand of the market and creates some froth.  Its removal around Q4 2013 by banks coincided with the Budget 2014 announcement, hence it is reasonable for the market to stabilise for one to two quarters.  It is a good thing that it is removed.

Q1 2014 is a good time to get a property if you are buying for own stay.  After Chinese New Year is usually when buyers return to the market.  If the market is not doing well, most developers will simply delay launches to reduce supply.  The reduction in supply has been the case since Q4 2013 to-date.

Malaysia's working population is quite young and increasing, and projected 2014 GDP will be better than 2013, so it is a matter of time (I think around Q2 2014) when demand catches up again.

DIBS simply skews the demand of the market and creates some froth.  Its removal around Q4 2013 by banks coincided with the Budget 2014 announcement, hence it is reasonable for the market to stabilise for one to two quarters.  It is a good thing that it is removed.

Q1 2014 is a good time to get a property if you are buying for own stay.  After Chinese New Year is usually when buyers return to the market.  If the market is not doing well, most developers will simply delay launches to reduce supply.  The reduction in supply has been the case since Q4 2013 to-date.

Malaysia's working population is quite young and increasing, and projected 2014 GDP will be better than 2013, so it is a matter of time (I think around Q2 2014) when demand catches up again.