QUOTE(BTimes @ Jul 11 2014, 08:40 AM)
Thanks for your reminder. I was too busy to post here frequently in recent months. I just know that property prices mostly did not crash and landed property prices are still increasing at JB. I'm not from KL so I need your verification for KL.
From Q3 2014 to Q1 2015 people will still largely go ahead to book new properties, and developers, particularly for landed properties, will slap a premium on the price, because they themselves will face large inflationary pressure later.
I expect the transaction volume to cool off significantly from Q2 2015 and the effect may last for about a year before buyers get used to the prices/quality. Both JB and KL are now having luxury condominium (>$1 mil) bubble. KL is apparent now while JB will be apparent in 2016. In another word, 2H 2015 onward market is likely to be quite weak in areas far from MRT/ LRT/ business centers. Prices there may correct by 10-20% back to 2013 level.
hardly to say... because in coming years there are large population born in year dragon n going to turn 30 in 2018. many will settle down for a house in 2017/2018. i think many call prop guru also base on this statistic... that is y they dare to say boom boOm... n years 2015/1016 will be up or at least stagnant, dun expect will down.From Q3 2014 to Q1 2015 people will still largely go ahead to book new properties, and developers, particularly for landed properties, will slap a premium on the price, because they themselves will face large inflationary pressure later.
I expect the transaction volume to cool off significantly from Q2 2015 and the effect may last for about a year before buyers get used to the prices/quality. Both JB and KL are now having luxury condominium (>$1 mil) bubble. KL is apparent now while JB will be apparent in 2016. In another word, 2H 2015 onward market is likely to be quite weak in areas far from MRT/ LRT/ business centers. Prices there may correct by 10-20% back to 2013 level.
This post has been edited by sampool: Jul 11 2014, 10:50 AM
Jul 11 2014, 10:48 AM

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