subsale property price coming down
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 May 18 2015, 04:37 PM
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Junior Member
73 posts Joined: Feb 2009  
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The star follow up on secondary market. The market expected to up again within 2 years time. http://www.thestar.com.my/Business/Busines...2018/?style=biz
Hold whatever you holding and start to gain when it on the up again. |
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May 18 2015, 04:41 PM
Show posts by this member only | IPv6 | Post
#102
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Senior Member
8,275 posts Joined: May 2006
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QUOTE(Battlefield1942 @ May 18 2015, 04:37 PM) The star follow up on secondary market. The market expected to up again within 2 years time. http://www.thestar.com.my/Business/Busines...2018/?style=biz its unlikely the market will ever see the performance of 00-10, even in the last 5 years the market is slowing down but not to this extent.Hold whatever you holding and start to gain when it on the up again.  i doubt the market will ever pick up and likelyhood people will have losses the only way for market to go up is real income improves, |
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May 18 2015, 04:47 PM
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Junior Member
73 posts Joined: Feb 2009
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It may go up as Asean open economy will start end of this year when the rich one can travel any where to do their business. Sure some part will gain more while some will be like ghost town when people start to move. The ringgit drop another 10-20% will make it attractive for outsider to buy.
This post has been edited by Battlefield1942: May 18 2015, 09:48 PM |
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May 19 2015, 08:04 AM
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Junior Member
390 posts Joined: Dec 2006
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here goes another tered on prop price drop vs prop price raise
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May 19 2015, 01:25 PM
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Senior Member
546 posts Joined: Jul 2010
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QUOTE(kamilnu @ May 13 2015, 09:25 PM) Owner and agents just pluck figures from air only. For example, Bangi developments are quite cheap when it was launched. Those S&P signed 4 years ago. Owner still can pay comfortably. They put kaw2 price and wait for water fish. Bleed slowly still ok for them. This is because the owner isn't in dire need for money lol. agents usually markup 10% to 20%. If the owner can afford to pay, it goes to lelong, and other buyers will bid till its almost the market price, which is still expensive. property prices is still one of the most steady income earning mechanisms.  |
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May 19 2015, 08:14 PM
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Junior Member
434 posts Joined: Nov 2012
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QUOTE(Battlefield1942 @ May 18 2015, 04:37 PM) The star follow up on secondary market. The market expected to up again within 2 years time. http://www.thestar.com.my/Business/Busines...2018/?style=biz Mm hmm, she definitely looks high on something alright.Hold whatever you holding and start to gain when it on the up again. |
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May 19 2015, 08:47 PM
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Senior Member
3,274 posts Joined: May 2013
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QUOTE(satrianeo-x @ May 19 2015, 08:14 PM) Mm hmm, she definitely looks high on something alright. Marketing talk mah ! Says price up in 2018 meaning buy new launch which VP by 2018 loh ! Can't expect her to says don't buy property, let my company bankrupt right ?Property price up every year, so what she says is correct anyway. People who wanna time the market will definitely paying high price later, good example is ex DDD leader Bear2Wong, but at least he finally bought, better to be late than never, few years from now he'll glad he made a right decision today. |
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May 19 2015, 08:59 PM
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Junior Member
434 posts Joined: Nov 2012
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QUOTE(jolokia @ May 19 2015, 08:47 PM) Marketing talk mah ! Says price up in 2018 meaning buy new launch which VP by 2018 loh ! Can't expect her to says don't buy property, let my company bankrupt right ? He bought? What did you finally buy?Property price up every year, so what she says is correct anyway. People who wanna time the market will definitely paying high price later, good example is ex DDD leader Bear2Wong, but at least he finally bought, better to be late than never, few years from now he'll glad he made a right decision today. |
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May 19 2015, 11:15 PM
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Junior Member
352 posts Joined: Mar 2009
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Nah asking prices are still sky high.Sellers still want to sell at previous prices.Im seeing a property I see 9 months ago still on the market with the same asking price. The apartment was tenanted though
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May 19 2015, 11:17 PM
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Junior Member
352 posts Joined: Mar 2009
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QUOTE(axisresidence17 @ May 19 2015, 11:15 PM) Nah asking prices are still sky high.Sellers still want to sell at previous prices.Im seeing a property I see 9 months ago still on the market with the same asking price. The apartment was tenanted though There were two actually. I grabbed the third one. |
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May 20 2015, 09:29 AM
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Senior Member
599 posts Joined: Mar 2011
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I think the market is slowly recovering based on my observation. Last year bank lelong the terrace house in my area for 600k. Now bank lelong similar terrace house here for 700k.
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May 20 2015, 03:49 PM
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Junior Member
212 posts Joined: Jan 2003 From: KL
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QUOTE(musa putih @ May 13 2015, 09:24 PM) This is what Malaysia is all about. Our politicians are saying that our economy is well on track and we are doing well. In fact, they are saying our rakyat is happy and are supporting all the government policies. Is this the truth? placebo effectThe property agents are behaving the same way and are tyring to paint a rosy picture . They will try to convince you to buy now or you will regret later. Everybody is an actor and pretends to do well with the so called Malaysia boleh attitude. But in actual fact, we are bleeding heavily and will turn into the next Greece |
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May 20 2015, 09:11 PM
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Junior Member
335 posts Joined: Aug 2014
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Bank is stricter in giving out loans thus house property market bit slow
Wait until it bleeding then the banks instructed by gov to ease off a bit ala 2005 |
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May 21 2015, 10:22 AM
Show posts by this member only | IPv6 | Post
#114
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Senior Member
1,288 posts Joined: Sep 2012
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QUOTE(Battlefield1942 @ May 18 2015, 04:03 PM) I got request from Bangla to rent my shop lot. What is the pre-caution to rent out to them? I hear they can cabut just like that without any way to trace them. They say to run a small factory sewing cloth. take min six month deposit..said that its standard for non malaysian as higher risk.put in clause inside tenancy agreement if late 1 month rent onli will be forced evacuation and all deposit forfeited   |
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May 21 2015, 10:47 AM
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Senior Member
602 posts Joined: Jul 2011
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QUOTE(kamilnu @ May 13 2015, 09:25 PM) Owner and agents just pluck figures from air only. For example, Bangi developments are quite cheap when it was launched. Those S&P signed 4 years ago. Owner still can pay comfortably. They put kaw2 price and wait for water fish. Bleed slowly still ok for them. developer's launch price for Puncak Bangi 2.5 Storey's Semi D was rm700K++... 1 owner want to sell the lake facing at RM2.3M... the house is currenlty left vacant.. rotting...and in 2009, i bought my landed G&G unit in Sek 8 for subrm300k... after that all price skyrocketed d. This post has been edited by jonn zee: May 21 2015, 10:48 AM |
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May 22 2015, 08:48 AM
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Newbie
13 posts Joined: Jul 2014 
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Seeing more and more "Below Market Value" kind of prop post everywhere...
My take is, 2 more months from now is a good low... GST just kick in April...now only May..don't see much.... but Biz man, doing financial forecast on operations/cash flow will know if want to dispose or not....after gaging for another 2 months.. Let's wait |
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May 23 2015, 04:01 PM
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Junior Member
434 posts Joined: Nov 2012
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Its not just price stagnation.buyers sentiment is low too. Bank is strict as well. Used to be that viewing a place usually meant appointmebt with multiple buyers. Agents are busy busy busy. As they say.... Market is quiet.
True to say... Asking price remains the same. No change. But don't expect good locations to come down much. Unless you are lucky to find a motivated seller. Good time to survey and view property now. Window shoppers rejoice |
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May 23 2015, 05:06 PM
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Senior Member
3,274 posts Joined: May 2013
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QUOTE(kolamazu @ May 22 2015, 08:48 AM) Seeing more and more "Below Market Value" kind of prop post everywhere... My view exact opposite of you, I see 2 months from now people know GST isn't as bad as many though, buying frenzy will be back after 2 months, my self already see people buy like Pasar Malam this morning at a new launch, many young buyer.My take is, 2 more months from now is a good low... GST just kick in April...now only May..don't see much.... but Biz man, doing financial forecast on operations/cash flow will know if want to dispose or not....after gaging for another 2 months.. Let's wait Anyone's dream of price come down drastically will be disappointed for sure. Right icemanfx  |
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May 25 2015, 11:28 AM
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Junior Member
22 posts Joined: Sep 2009
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QUOTE(jolokia @ May 23 2015, 05:06 PM) My view exact opposite of you, I see 2 months from now people know GST isn't as bad as many though, buying frenzy will be back after 2 months, my self already see people buy like Pasar Malam this morning at a new launch, many young buyer. Indeed gst is not bad. But not for us but for gov. Extra 15 billions to be disposed.Anyone's dream of price come down drastically will be disappointed for sure. Right icemanfx I m of the view that upmarket( luxury) condo will be the most affected one. In any event, orang kaya has a better holding power. So no problem. But I wondering how rumah mmawip and rumah selangorku program will affect the market |
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May 25 2015, 11:45 AM
Show posts by this member only | IPv6 | Post
#120
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Senior Member
603 posts Joined: Aug 2005
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price go down also no transactions
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