Shopping mall not as many shoppers as last few years during pre-CNY.
My friends from different market segment says business is slowing down.
The slow down is quite obvious this year.

Bro, is your dream coming true ? Interest rate increase by 4.25% in 1 decision 

http://www.cnbc.com/id/101359309
FLIPPERS BEWARE !!

business slowing down because everyone use money to buy property....so business impact slow...but property up!

Unless there is a contagious from our neighbours or peers, don't expect bnm to raise interest rate by over 0.5% this year.

business slowing down because everyone use money to buy property....so business impact slow...but property up!

That's interesting. The consensus is that BNM will raise interest rates this year as well as further tightening the guidelines and possibly increasing LTV as well. BLR has been unchanged since May 2011 at 6.6%; will it breach 7.0% this year? We'll find out soon enough.

business slowing down because everyone use money to buy property....so business impact slow...but property up!

Say what you like, I rather hold good properties than to hold cash..

yep, keep paying for prop, eat kk and drink (acid) rain water daily.

i think u cannot compare like that... some epf contributors although below 5000, but they may bought prop 10 years ago and some got part time business but never declare.... some parent bought prop for them... some combine name to buy... too many scenario.

anyway, now is the rental play times... especially expat not easy to buy 1 million prop now. so dun expect the rental will remind unchange... if rental up, prop price will definitely up too.

prop investor need to scarify their time and money, so they should get pay for every prop they invest... if not now should be future as long as holding power is there. 

Yes yes yes u are right about the not many people who has salary higher than 5k but husband wife join loan have u consider? Each couple will want a property and they combine their income to be affordable.

I talk about population increase all the time. My parents have 5 kids. When they bought this house it was 100k. After 30 yrs this 5 kids all hunting for properties in KL too. I mean the demand is increasing 5 times in 30 years for one family. But this is one family, how many families are there in KL itself? Then u have to compete with people from Johor, kelantan, sabah etc etc all over malaysia who wants a part of KL as their own.

Location location location...good location will always have demand. My mind is thinking it is very hard for prime property to ever fall. Just stagnant. If fall maybe 10% but wont be as a big crash.

No risk no gain, bet big win big, people who tink and overanalyzed often missed opportunities right iin front of them, many year/ down the road they will still lament and complain and justify why they didnt grab the chances...i know many such people...some of them just too risk aversed

Looking at the RM exchange rate today, bnm is already too late in raising the rate already!

I saw many people exchanging their own thoughts. However, they miss out the answers on what have brought up the property price in the past few years.  What have changed recently. To see whether the property prices will continue going up, one should see whether there is any fresh catalysts.  Afterall, there are just so many conflicting factors at force simultaneously. If u dun see the down factors are getting stronger, your future might be in questions.

Malaysia’s Property Sector to Remain Competitive
posted on Jan 24, 2014
article source from Borneo Post

Malaysia’s property sector is expected to remain competitive and stable this year as Malaysia had only imposed a third round of property cooling measures.

“Compared to Singapore which has so far imposed eight round of cooling measures, Hong Kong (six) and China (five), Malaysia definitely stands in a better position,” Malaysia Property Incorporated general manager Veena Loh Geok Mooi said.

Earlier, during her presentation, Loh said in the first half of 2014, the market would be softer as buyers would adopt a-wait-and-see attitude due to the announcement of the real property gains tax (RPGT) which would discourage investors who were in for the short haul.

Investors are mainly attracted the most to properties in Greater Kuala Lumpur, Johor and Penang. She said Kuala Lumpur offered the highest gross development profit (GDP), given the employment opportunities, per capita income, population and sufficient transportation facilities such as the Mass Rapid Transit system which links suburban areas within the capital city.

Iskandar Malaysia in Johor, with a 7% to 8% annual GDP growth, experienced an increase in property purchasers by Singaporeans and expatriates as they were cheaper when compared with those across the causeway.

Expatriates working in Pinewood Studio, Legoland, Hello Kitty theme park, Medical Healthpark, Southern industrial and logistics clusters and educity were among the buyers of properties in Iskandar Malaysia, Loh said.

“Penang’s real estate, on the other hand, has made it to a US-based publication’s list of eight great places for foreigners to retire in, along with its connectivity to international destinations.

“However, Penang was expected to face a glut based on the assumption that future property projects, when they come on stream by 2015 or 2016, would result in a surplus supply of 44,844 units,” she added.

Cautiously Optimistic Outlook With Property Developers in Iskandar Expecting Tough 2014
posted on Jan 28, 2014
article source from Star News
written by Zazali Musa

The “feel-good” factor that was prevalent in 2012 and 2013 for the property market in Iskander Malaysia is unlikely to continue this year following property cooling measures introduced by the Government in the last quarter of last year.

Property developers are rather cautiously optimistic on the market outlook for 2014 and are anticipating it to be a tough year for many.

Johor Real Estate and Housing Developers Association (REHDA) branch chairman Koh Moo Hing said the Year of the Horse would be more challenging and that developers must be well-prepared to face the worst.

“I assume that many of our members will adopt the wait-and-see approach in the first-quarter of 2014, to see the real impact from the (property cooling) measures,’’ Koh told StarBiz.

He said the measures were not something new as other countries would also resort to similar measures to ensure locals were not sidelined and denied from owning houses.

Koh said 2013 was the best year for 30 odd members of Johor REHDA who participated in the Malaysian Property Exposition (MAPEX) held here in May and November.

He said these members raked in a combined RM3 billion in sales over a one-month period.

“It would an achievement if they could repeat the sales figure again for this year’s events,” he added.

The 30-day period starting from the first day of MAPEX is the benchmark used by REHDA to determine the value of sales by participating developers.

“Johor MAPEX to be held in April will give a clearer picture on the Iskandar property outlook and how developers are coping with the uncertainties and challenges,’’ said Koh.

He said developers would be ready to face the tough year ahead and adapt well as they had experienced the ups and downs in the industry over the years and emerged stronger. Koh said that speculators would be phased out gradually from the property market with the implementation of the measures with owner-occupier buyers dominating the market. "This year’s launches will see between 100 and 200 units with more developers opting for landed houses as demand for them is still strong in Iskandar,’’ he said.

KGV International Property Consultants (M) Sdn Bhd director Samuel Tan Wee Cheng concurred with Koh that the market would see more serious buyers.

But he said buyers would be more cautious on the new policies – the real property gains tax (RPGT) and the hike in ceiling price from RM500,000 to RM1 million for foreign property buyers.

“Prices of houses will continue to go up this year, determined by the policies and escalating costs of labour and building materials,’’ said Tan.

He said it was matter of time buyers especially first-time house owners decided whether to continue waiting or make the kill before the prices move up north.

Tan said if the prices continued to go up, more buyers would go for the secondary market where prices were between 20% and 30% cheaper compared with new launches.

“For instance, the average selling price for a new double-storey link house in Iskandar is RM800,000 per unit, but if you look around in the secondary market, you’ll be paying RM600,000 for it,’’ he said.

Tan said landed houses in the secondary market came with generous land size and bigger floor area plus ready amenities and facilities within the neighbourhood or the development.

He said if this could prompt developers to lower the selling prices of their new launches to attract potential buyers and also offer no-frills houses to cut costs.

Tan said foreign buyers would continue to buy properties in Medini, Nusajaya as there was no restriction to foreign ownership in the area and they were not subject to the RPGT regime.

S P Setia Bhd divisional general manager Hoe Mee Ling said many uncertainties in both global and domestic market might affect the property market in the first-half of 2014.

She said among the issues were the pressure of increasing costs as a result of skilled labour shortage, reduction in subsidies beginning with petrol last September and electricity tariff adjustment in 2014 and policy changes.

“However, challenges always come with opportunities and there are still positive factors in the Iskandar property market,’’ said Hoe.

She said the fundamental demand for properties in Iskandar would remain high and strong as long as developers could adapt to their products to suit this demand. Hoe said the outlook was still good as properties fetched good yields and were the best hedge against inflation.

First time I see such comparison, counting the number of cooling measures to determine market competitiveness.
http://propertyhunter.com.my/v1/news.php?id=405
http://propertyhunter.com.my/v1/news.php?id=419

First time I see such comparison, counting the number of cooling measures to determine market competitiveness.
http://propertyhunter.com.my/v1/news.php?id=405
http://propertyhunter.com.my/v1/news.php?id=419

Investors are not likely to aligned to UUU nor DDD. If you cant manage ur risk profiles of dumping >100k to invest on something, then go settle down for FDs. In the end of the day shouting here and there up down left right gain nothing. Investors are already pocketing handsome profit years along and gearing up for future, whereas our keyboard warriors here still shouting for bubble and gained NOTHING. Haha, sour grapes are still the same. Probably when 5 years back also shouting the same propaganda on affordability. Now when see their peers cash in and have nice cars, then blame the flippers (which of coz its their fault!). Hell, if I were to pass you free easy moneh 100k in front of your face you would die to grab it right? If you couldnt 'afford' 5 years back, which definitely not now, then it sux to be you bro :-/

Normally these biased kind of ppl, when ask them about property future, they will complain and blabber tons of cons (which I do agree too!). But when ask them how much have you gained from it, they couldnt answer. The same attitude 10 years back and also now. It wont change. What a shame ^.^

No increase in interest rate. My cash n fd continue to loose more to inflation n exchange rate.....want to convert it to equities or property people say high risk. Got fxxked standing straight.