QUOTE(kyo2020 @ Mar 26 2018, 02:09 AM)
I think explain in this way:
A strong holding power investor bought an overprice prop - end up no issue paying loan.
A 0 holding power flipper bought a worth and cheap prop - end up lelong.
It does not matter whether the prop is overprice or not, as the ability of paying loan is depends on the calculations and decision made by the buyer which will directly cause them whether will be ended up in lelong. However, generally lower price prop is more easier to sell compare to HIGH (Not "overpriced" price as you put in the earlier post) price prop due to our market needs and thus may have lesser case ended up in lelong. But this is not fully true as the richer ppl that go for higher price prop usually have stronger holding power.
Market is different now and subsales is very difficult and can only sell to home seeker who only afford lower price prop. A higher price (but not overprice) buying prop from developer does not seems to have better subsales result.
Btw, the example that shown from you some are definitely not overpriced as you claimed in my opinion. You can't just point lelong happen because they are overpriced.
Back to Emira, is this project sell higher than other project in Shah Alam? If no, then it will be safe. From the price 350k for 600sf I think should be consider not too bad la..
350k for 600sf?? Soho?? I thought KL area also around this price for this size?A strong holding power investor bought an overprice prop - end up no issue paying loan.
A 0 holding power flipper bought a worth and cheap prop - end up lelong.
It does not matter whether the prop is overprice or not, as the ability of paying loan is depends on the calculations and decision made by the buyer which will directly cause them whether will be ended up in lelong. However, generally lower price prop is more easier to sell compare to HIGH (Not "overpriced" price as you put in the earlier post) price prop due to our market needs and thus may have lesser case ended up in lelong. But this is not fully true as the richer ppl that go for higher price prop usually have stronger holding power.
Market is different now and subsales is very difficult and can only sell to home seeker who only afford lower price prop. A higher price (but not overprice) buying prop from developer does not seems to have better subsales result.
Btw, the example that shown from you some are definitely not overpriced as you claimed in my opinion. You can't just point lelong happen because they are overpriced.
Back to Emira, is this project sell higher than other project in Shah Alam? If no, then it will be safe. From the price 350k for 600sf I think should be consider not too bad la..
BTW, if everything the same, one priced with 350k and one priced with 250k, sure the higher price (i.e. the overpriced) lose and hardly resale which causing more lelong? Im noob here... Let learn togeher
Mar 26 2018, 07:28 AM

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