According to Khazanah Research Institute and Bank Negara, the signal of a well-functioning affordable home market is when the median price for the whole housing market is three times the gross annual household income.

Bank Negara would add that the monthly payment for the house should not be more than 30 percent of the income. Payments of more than 30 percent would be considered as an overburden for the consumer.

https://m.malaysiakini.com/news/496217

Malaysia land is pretty limited, much more most satellite cities, biggest mall & jobs opportunity are concentrate in Klang Valley, Penang, Johor which attracted whole malaysia to stay, work & enjoy here, thus these places, price would certainly grow-high and not possible to drop, with tremendous amount of new-migrants every year!

How many, would want to stay, work & enjoy in Kelantan or Terrengganu?

"Looking at data collected by the National Property Information Centre, the analyst said total residential property transactions rose 2.1% year-on-year (y-o-y) in the third quarter of 2019, led by units priced between RM150,000 and RM200,000 which saw a 13% increase in value y-o-y.

Residential units priced between RM250,000 and RM300,000 saw their transaction value rise 6% y-o-y"

Bubble? What bubble? XD
(Selective cut & paste)

some youtuber say property market will not fall but price will increase some more ler because of 6 months moratorium 

did I say I am some youtubers?

ooo oOo you also youtuber?
thx for youtuber's advise ooo o0o

mentioned mean agree?
the world is full wankers that think they have an opinion in everything the moment they hear of some thing .. u?

if everyone know everything no need to discuss lo.    because already agree or disagree.. cannot talk about things if still not sure, no wonder so many losers.. buy buy buy or scare scare scare.. cannot see 1st, discuss or talk about facts 

This owner bought 2 units subsale in 2018. Both units enter lelong.
1 sold as above.
1 still active as below.
This unit S&P price at 520k.    for a 1 bedroom unit. 
Now at half price? 



C-18-3, Hedgeford 10
Reserve price 🔥🔥RM 252,000🔥🔥
Freehold
556sqft, 1 car park slot
Highest floor unit
Auction: 06-May-2020 (Wed)
*Non bumi lot

It might drop 10-30%

1997 max only drop 30%, some lesser

You may keep you thoughts , no right or wrong

pessimistic is a drug, it doesn’t not relate to age , news or history

Optimistic is a good thing 
I wan 10 also please

Hi sifus

Is it now a suitable period to invest in property?

You don’t know how to read graph?

Attracted 12 bidders just now.
Unit sold at 210k.

No it's not..

A standard middle wage income in KL is at least 8k-12k a month.
rent in KL is cheap.


Property prices are hovering around RM 800k - 1.2mil
this is okay still.

Compare this to say Australia, Melbourne/Sydney. Aussie average income is roughly 7-10k aud a month. Average property price in CBD is around 950-1.5mil aud for a small townhouse.

But taxes in Australia is much higher. So you have to factor that in your decision.

Property price in Malaysia is still 5x to 7x of your annual income.

Comparable to other countries, where property can easily reach 10x - 20x of your annual income.

Malaysia property prices is still reasonable.

So cheap this auction

https://www.ngchanmau.com/property/44101?ut...mpaign=20210430

Freehold, serviced apartment @270K

Okie thank you. that remind me of 60sqm only

Last year. OK. so this year must press further down.  212k?