QUOTE(bearbearwong @ May 14 2014, 06:41 PM)
pretty much damage has been done...
the sales in new launches is faster than subsales.. this is not good right?
new launches can finish within a day.. but subsales? take months or even year.. new launches you have bought(if investing and not own stay) will then wait for subsales when VP is hand over.. the rate of transactions has fallen down... subsales cant pick up with new launches.. long run it wont be healthy..
and new launches are more often preferred than subsales.. even both subsales prices and new launches prices are similar say 700k.. new launches prices will definitely up upon VP.. subsales property even up (if any or stagnant) will be in disadvantages position..
more and more new launches are in weekly in klang valley itself.. if subsales rates do not catch up.. (banks are rejecting loans, not up to valuation, no 2 generation loan and etc implemented) subsales will slow down and more will preferred new launches... more more investors ending holding property (if the can) and high price (if they want) but no buyers..
so then, with this situation, end up renting game around.. but renting game has more often than not depressing than ever.. low rentals, bad rentals, tenant who spoil property, tenant who alwayls though of buying new launches.. and etc...
with less transaction in subsales market, renting game goes on, and as rental games increases, credit of investors also locked together, with that
new launches will have less and less competitors..
Thought this is what you been hoping for??
Let all those flippers trapped with their money, can't sell / off-load their property, served installments til bleeding??
"Genuine buyer" don't have to pay the flipped price on secondary market, they can buy direct from developer...
Of course, not to forget that u can always repo and grab 'dead chicken'....
This should be PARTY TIME for you and you should CELEBRATE!!
REMARKS: Of course, I'm not going to challenge you where is your facts, e.g.
1. Since when there are more new sale then sub-sale in Malaysia?
2. Low quality rental/tenants
3. And with "more and more new launches are in weekly in klang valley itself", "new launches will have less and less competitors"?????