The "bubble" has been bursting already for about 3 months. Hope it will recover by around Q3.

An unprecedented amount of sales dropout in almost all new launches, some quite bad (dowan mentioned which project but is discussed here in LYN also). Alot of people are selling in subsale now. Some giving generous discounts.

On the other hand, several new launches will be coming onstream gradually, at a much slower pace. Developers expect people will "cool down" from the cooling measures as we are still pretty much at the preliminary stage of "Inflation Uprising" (you guys probably know what is going up again).

Technically, the Malaysian bubble is more akin to a slowdown.

This post has been edited by accetera: Jan 14 2014, 05:54 PM

Perhaps the so-called "Bubble" in the form of a significant % decrease in total transactions - both primary and secondary.

For upcoming projects, some developers are topping up 5%-20% increment in prices.

The people in the industry is seeing it like this, unfortunately.

This post has been edited by accetera: Jan 14 2014, 06:03 PM

Will this bridge tumble to signify property bubble? #jokingonly

Any comment?


"BBB" FOR RM2,100 PSF

::: Dorsett Residences Bukit Bintang by Far East Consortium of Hong Kong has a pretty good take up rate before obtaining AP. As many international buyers as Malaysian buyers. All you see, all you get - as shown in a luxuriously fully- furnished, fully-decorated showflat. Marble. Bosch and Gaggenau appliances provided. Close to Jalan Bukit Bintang. For walk-in customers, not many units left as of 13/1/2014.

Not surprise if many international buyers are China... went in showroom got China orang... haiya Malaysians soon tak layan ared.

Bolehland gonna start a PROPERTY TOURISM.

People continue to BBB..


BBB repeats in 2014 - TWY Mont'Kiara
by propcafe

Tonnes of pipu at TWY this weekend....

An update by kevin tan wei hong from ptlm

Cheras alone has an estimated 45 new havent-announced HIGHRISE only projects on the way....

This post has been edited by accetera: Jan 19 2014, 10:47 PM

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.

Collectively, the size of the subsale market is by far many times more than primary market.

According to Siva Shanker, based on Nationwide data and statistics, subsale is doing not too well - much smaller growth compared to primary market (but still growth), sluggish and lacklustre volume. Which means, the subsale market has been quite depressed and they constitute the biggest part of the has-been general slowdown in the property market.

Once the subsale market recovers, the overall market recovers as well. According to him, we are already somewhere in the middle of the property slowdown.

This post has been edited by accetera: Jan 28 2014, 03:59 PM

No festive feeling in this thread. CNY pun nak marah marah...

Regardless of what you guys say in this forum, it is business as usual in the reality world. Presumption: 89% of property buyers out there have not heard of "PropertyTalk @ Lowyat" (sarcastically, many do not know accetera owned hundreds of property threads here).

This post has been edited by accetera: Feb 1 2014, 10:02 AM

I buying more popcorns to read this thread now. (oops didn't really follow until maybe now)

This post has been edited by accetera: Feb 11 2014, 01:33 PM

Yes, slowdown is here to stay.

Bubble will be location-centric. But generally the industry as a whole and nationwide has every chance to report better than expected growth due to the lower base in many other areas.