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> Multiple Signs of Malaysia Property Bubble V19

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WhatMan
post Sep 24 2015, 08:42 PM

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QUOTE(kurtkob78 @ Sep 24 2015, 08:33 PM)
This is great news.
WhatMan
post Sep 25 2015, 10:03 AM

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QUOTE
Hold off property purchases, says buyers association

BY ZARINA ZAKARIAH


24 SEPTEMBER 2015 @ 11:00 AM KUALA LUMPUR:

Property buyers should hold off on purchases until at least next year to enjoy lower prices as cooling measures implemented by Bank Negara Malaysia set in. Prices have stayed stagnant and the property market slowed somewhat in the last year, indicating that tighter lending rules and related measures are achieving their desired impact. National House Buyers Association (HBA) secretary-general Chang Kim Loong said property buyers should wait as the cooling measures were working well. Prices have gone down and are expected to reduce further.

Read More : http://www.nst.com.my/news/2015/09/hold-pr...ers-association


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WhatMan
post Oct 20 2015, 11:50 AM

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QUOTE(icemanfx @ Oct 19 2015, 01:29 PM)
Residential property transaction

KL_____Number of____Total Value
2014H1___7,413____RM6114.55m
2014H2___7,738____RM5,562.42m
2015H1___6,950____RM5,143.43m

Selangor_Number of____Total Value
2014H2___31,442___RM14,111.80m
2015H1___28,912___RM13,059.76m
http://napic.jpph.gov.my/portal/web/guest/...blishingId=3477

It seems kv property is trending down in number and value. So called rushing to buy before GST was a hype.
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They are now doing the same with Budget 2016. Buy! Buy now before Bajet 2016!!

WhatMan
post Oct 27 2016, 04:00 PM

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In Miri, many flippers who booked the house are desperately trying to sell at higher cost.

Got this one flipper keep chasing me more than a month after I post interest looking for new house.

Recently saw one house sell below market value.



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