No effect as Rumahwip & SelangorKu are different price tag properties compare to those private project, anyway govt project has many restrictions & need balloting.

In fact there are many property which is better deal than SelangorKu in the market, just matter you know where or not.

No doubt that both programs have a lot of restrictions and it does need balloting. But it will increase the supply of affordable home.

In these 2 years, supply of condo will increase tremendously.bbut the demand will still be the same.

No doubt some of developers told me that Malaysia population is young generation but I wonder how many houses that we can stay.

The only solution rent it to rohigya lol

Be that as it may, I m looking for a property in good area. Hopefully can get one.

I have difficulties reading you post, it look like it been written in another language using english wording..

This has nothing to do with the Rohingya, they are the oppressed group, if you can, help them, if you can't please don't make cheap shot at them.

The supply is far from enough to cater for the demand, as our population are urbanized.

As i said earlier those who can accept Rumahwip & SelangorKu were never the potential customer for private sector project.

How did it go guys? Lower asking prices in a few areas while others remain stubbornly high?

I don't think subsale are dropping prices, it's encountering a slow down as always, but price dropped is far from it( assuming your prices drop= below market price)

A lot of subsale property will over evaluate their value to give them more room to nego, as such, a subsale unit in Cheras would valued at 850k, the owner is not gonna set the price as 850k, he'll probably put it at 1mil, or 9XXk haha!

Then seeing the market is slow and not much ppl enquire, or the unit have been left there too long, he would probably just lower it abit to 900k

Which in actual fact, still higher than market rate, but effectively portraying that the price of property has fallen!

Malaysian enconomy is not out of hand yet, and we're know to be resilient! Lotsa ppl just scare and wanna turn a profit"before it's too late"

? Too late ??

Our economy has always been 9 years boom 1 year doom or 8 years boom 2 year doom, all the owner need is hold for 1-2 years then can whack even higher price.

As long as we don't see massive retrenchment & massive business closing down including big corporate goes bankrupt, then hard luck to wait for properties price crash, as long as people have job & business they would not let go their properties easily.

When that day do come we'll see Spain/Greece style economy where 1 out of every 3 people has no job, even Bank need to limit daily withdrawal, people line up for soup kitchen & etc... by then how many of you all dare to whack those dead chicken properties?

It depends good areas definitely would not go down in price.

Isn't that my context?

I'm just summarizing and generalizing that some quarter are willing to let go for a small discount that's still above market rate, because they might be to scare if the "too late" scenario happened!

Probably will not happened here for the fore seeable future if you asks me!

in 10 years from now many people will loss his job because computer , robot , apps , internet are getting cheaper and getting more smart than human.
when 1.5 million bangla coming to malaysia it will make more worst.

did u know penyakit TIBI are back at malaysia ? Malaysia already 0 this issuess 20 years ago. but because low level foreigner keep coming and flooded our country so it infect our local here.

It is simple.
You compare the income versus house price ratio.
It is affordable now?
How many people can afford a 500k property?
How many people can afford a 1mil property?

If no, subsale market will definitely slow down.

Why ask same question again ?

It already been answer many times 500K - 1 Million property are not for majority people, not for 2-3K earner or RM 5 fast food chain cru staff.

500K property is like Honda & Toyota, 1M is like BMW & Benz, this is not meant for majority, there are targeting upper middle & high income earner.

If you want for majority then there is PR1MA, RumahWIP, SelangorKu, Rumah Kos Rendah, these is Proton, Perodua which meant for majority.

500K - 1M Property doesn't need the majority to afford as the elite group are more than enough to meet the demand.

have Malaysia experience a true property boom-bust like the US before?

shouldn't it be a cyclical thing?
the sun must set on day kannnn

<---born after 90s so dunno hw bad its was during '85 and '98

prices are mostly stable for now, no fluctuation at least till end of year/early next year.
price will not go down anymore as gst causes material to cost more and myr go down causes import material to cost even more.